Entries by Press

Hessian Ministry of Economics informs about Corona Pandemic

The Hessian Ministry for Economic Affairs, Energy, Transport and Housing is supporting Hessian citizens and companies during the Corona pandemic. We have compiled a list of the most important information platforms and hotlines provided by the Ministry of Economics.   Information for citizens: https://www.hessen.de/fuer-buerger/aktuelle-informationen-zu-corona-hessen Phone: 0611/32 111 000   Information for companies: https://www.technologieland-hessen.de/corona Phone: 0611/32 […]

CFS Index on the rise

Financial industry reports: Strong growth in revenue and earnings / Fewer jobs cut at financial institutions The CFS Index, which measures the business climate of the German financial sector on a quarterly basis, rises by 4.3 points to 114.2 points. This positive development can primarily be attributed to high revenue and earnings growth in the financial industry […]

CFS survey: “Outlook for the year 2020”

German financial industry expects more widespread adoption of negative interest rates for savers – Calls for stronger incentives for share ownership Low interest rates and share ownership  A CFS survey of financial industry executives shows that over 90% of respondents do not expect the ECB to change its monetary policy this year. Therefore, most financial […]

CFS survey on Facebook’s planned digital currency Libra

German financial industry does not expect Libra to be introduced next year. Major concerns about potential threats to financial stability Facebook and a group of partners are planning to introduce a digital currency that can be used worldwide, the Libra coin. Shortly before the official launch, prominent supporters such as Mastercard, Visa and PayPal have […]

CFS Index remains stable

The CFS Index, which measures the business climate of the German financial sector on a quarterly basis, maintains a stable level of 109.9 points. The overall unchanged level can be attributed to the steady to positive development of revenue, earnings and investment growth in the financial sector. However, these positive reports are offset by more severe […]

CFS Index remains on downward trend

Financial industry records a significant decline in investment volume growth / Financial institutions report rising earnings growth accompanied by weaker revenue growth and fewer job cuts The CFS Index, which measures the business climate of the German financial sector on a quarterly basis, falls by 2.5 points to 109.9 points. The index thus remains on […]

“Navigating in uncertain waters”

Speech by Dr. Philipp Nimmermann, Frankfurt Finance Summit, 18 June 2019 “Navigating in uncertain waters” was the title of this year’s Frankfurt Finance Summit. In his opening speech, Dr. Philipp Nimmermann, State Secretary at the Ministry of Economics, Energy, Transport and Housing of the State of Hesse, addressed four challenges arising from this topic: Artificial […]

“Frankfurt for Beginners” – A tour through Frankfurt with Matthias Arning and Eva Feuchter

“Frankfurt for Beginners” – A tour through Frankfurt with Matthias Arning and Eva Feuchter The book “Frankfurt für Anfänger”, published in spring 2018, takes its readers on a journey through Frankfurt’s districts, passing along the city’s sights. Author Matthias Arning is a journalist and former chief of the local news section at Frankfurter Rundschau. The […]

CFS Index shows a slight overall decline

The CFS Index, which measures the business climate of the German financial sector on a quarterly basis, falls by 0.4 points to 112.4 points. This slight overall decline must be examined in its individual components. The revenue growth of financial institutions developed positively in the first quarter. By contrast, the service providers report a sharp […]