China’s Economic Outlook: A Global Perspective
China’s new stimulus plan signals steady progress towards its full-year economic goals, supported by a stock market boost and rising consumer spending. In an interview with CGTN, Hubertus Väth highlighted how this initiative is driving long-term economic transformation beyond short-term gains.
Helaba financial centre study: ‘Bank employment on the rise – despite shortage of skilled workers’
Bank employment in Frankfurt is set to grow by four percent to more than 73,000 employees by the end of 2025. Despite a shortage of skilled workers, the industry is managing to meet its demand for specialists – thanks to appropriate strategies.
DVFA monthly question: Close race expected in US election – concern about growing debt
In the current monthly survey by DVFA, investment professionals have commented on the upcoming US presidential election. The evaluation shows that the majority see the incumbent Vice President Kamala Harris as the favourite. However, a close race and plenty of uncertainty are expected.
Global venture capital investments are booming thanks to AI megadeals
Global venture capital investment rose to an impressive USD 94.3 billion in the second quarter of 2024, driven by massive AI megadeals. Companies developing large language models and specialised AI applications in particular attracted investors. Despite stagnating investments, Germany remains among the top 10 in Europe, with a focus on fintech and sustainable technologies.
Investments in sustainability continue to rise
According to the latest ‘CxO Sustainability Report 2024’ by Deloitte, 85 per cent of companies have increased their investments in sustainability. The majority of managers expect climate change to have a major impact on business strategies in the coming years. Technology is seen as a decisive factor in achieving climate targets. In Germany in particular, the topic continues to take centre stage – despite political challenges.
CFS survey on ‘Skills shortage in the financial industry’
German financial sector is struggling to recruit young talent – AI can only alleviate skills shortage to a limited extent.
CFS Index remains stable despite mixed results
The CFS Index, which tracks the state of the German financial sector on a quarterly basis, stagnated at 108.8 points, almost unchanged from the previous quarter at +0.4 points. Service providers in the financial sector reported good results for the second quarter in terms of sales and earnings growth, while growth among financial institutions slowed. At the same time, service providers are cutting jobs moderately, while financial institutions are continuing to recruit. With regard to expectations for the current quarter, the overall picture is mixed.
DVFA monthly question September: How ESG ratings are used and evaluated
In a recent survey, the DVFA asked investment professionals how they use ESG ratings. The results show that ESG ratings are increasingly in demand, but are not yet used across the board: 38% of respondents currently use ESG ratings very little or not at all. The main reasons for using them are to support sustainable decisions, to fulfil customer requirements and for risk management. Read the results of the latest DVFA monthly survey on this topic here!
Current consumer expectations: Inflation eases, economic outlook deteriorates
Consumers’ perception of inflation has eased, but the outlook for income, spending and economic growth is becoming gloomier. While inflation expectations for the coming months remain stable, expectations for the next three years show a slight increase. How do these developments fit together and what does this mean for the future? A closer look at the current trends reveals exciting insights into consumer confidence and economic sentiment.
Cool breezes for Frankfurt: Innovative use of wind currents
Bloomberg spoke to meteorologist Mathias Ratheiser about the rising temperatures in Frankfurt. The report shows how the metropolis can use natural wind systems to improve the urban climate and mitigate heatwaves through smart urban planning.
