How financial centers are shaping the future of talent
AI, sustainable finance, and new work models are reshaping the financial industry. How can international financial centers attract, develop, and retain top talent in this rapidly evolving landscape? The latest WAIFC report, led by Luxembourg for Finance, explores groundbreaking strategies – from upskilling initiatives and cross-border talent mobility to innovative workplace cultures.
Frankfurt and ESG fintechs: plenty of potential
The number of ESG fintechs is increasing. According to the ‘Snapshot of the ESG FinTech environment’ study by EY Parthenon, presented together with Frankfurt Main Finance, the number of ESG fintechs in Europe grew to 371 by December 2024. Despite a strong B2B focus and favourable conditions, there is a lack of targeted measures such as funding visibility and accelerator programmes to unleash the city’s full potential.
Financial centre Frankfurt remains economic engine: Hesse grows above average
Hesse shines with strong economic power, driven by the financial centre of Frankfurt, according to a recent analysis by Helaba. As the seat of the ECB, Bundesbank and soon the AMLA, Frankfurt plays a key role. Banks, consultancies and international investments strengthen the region, while the airport and trade fair centre promote global networking. With a resilient structure and growing employment, Frankfurt remains a key driver of the Hessian economy.
CFS survey: “What does Trump’s election victory mean for economic relations between the EU and the US?”
Donald Trump’s return to the White House poses explosive questions for transatlantic economic relations. 80% of experts expect trade conditions to deteriorate, while European companies are likely to increasingly invest in the US. At the same time, looser US financial market regulation and the growing influence of crypto markets are expected. The EU faces the task of securing its competitiveness — a decisive phase for business and politics.
CFS index at its lowest level since the pandemic
In the fourth quarter of 2024, the CFS index fell to its lowest level since the second quarter of the pandemic year 2020 at 4.4 points. Financial service providers are particularly affected, recording significant declines in turnover, earnings and investments and taking measures to reduce their workforce. Despite these challenges, the international importance of Germany as a financial centre remains stable.
Florian Rentsch becomes Special Representative — An important signal for Frankfurt as a financial centre
With the appointment of a special representative for the financial centre Frankfurt, the Hessian state government is sending a clear signal. Frankfurt Main Finance congratulates Florian Rentsch on his new role.
What next for supply chains and transformation? An inspiring evening in Tokyo
Together with the German Embassy, Frankfurt Main Finance invited to dinner in Tokyo. An evening that once again made it clear that Japan and Germany have much more in common than ‘just’ economic interests.
Germany as a financial centre under discussion: “The top priority is competitiveness”
Weak sentiment, excessive bureaucracy and a lack of willingness to act: Henriette Peucker, Eddy Henning and Oliver Behrens had clear messages for politicians at the panel discussion on the question: “What is the significance of Germany as a financial centre for managing the transformation?”.
The financial centre of Frankfurt mourns the loss of Friedrich von Metzler: an outstanding banker and committed patron
Friedrich von Metzler, a formative figure in the world of banking and promoter of education, art and social justice, has passed away. His work has left a lasting mark on Frankfurt.
Frankfurt Main Finance in the Finance Committee of the Bundestag
On 4 November, the Finance Committee of the Bundestag discussed the planned reform of the bank levy. Frankfurt Main Finance, represented by Managing Director Hubertus Väth, was invited as an expert witness. The conclusion: a repayment of the bank levy would be a good signal for Germany as a financial centre — an end to the ban on deducting operating expenses is a must.
