The CFS Index, which tracks the sentiment of the German financial sector on a quarterly basis, falls by -1.3 points to the level of 106.6 points. The surveyed service providers report lower growth for the second quarter in terms of revenue, earnings, employee numbers and investment volume.
A simplified division into green and brown securities is insufficient. The financial market can and must play a broader role in the transformation
There’s life in the old dog yet! Suddenly, new life seems to have been breathed into the euro. Since the end of the third quarter of 2022, the single currency has been showing its strong side, with a broad-based uptrend against the world’s major currencies.
The task of identifying all legal entities involved in a financial transaction beyond doubt is less of a challenge for corporations than for small and medium-sized enterprises. At the same time, reporting requirements on the supply chain are also increasing for medium-sized companies, so that the topic of identifying suppliers is also gaining in importance for them, warns Stephan Wolf, CEO of the Global Legal Entity Identifier Foundation (GLEIF).
Hesse’s Minister of Finance Michael Boddenberg visits the International Sustainability Standards Board (ISSB) in its Frankfurt Office in order to exchange ideas on current developments in corporate sustainability reporting.
DVFA Monthly Question: DVFA Investment Professionals see political analysis as more important in research
The latest DVFA monthly question is once again addressed to the more than 1,400 members of the association and is dedicated this month to the topics of political research, ESG analyses and geoeconomics.
The International Sustainability Standards Board (ISSB) has today issued its inaugural standards—IFRS S1 and IFRS S2—ushering in a new era of sustainability-related disclosures in capital markets worldwide.
On 13 June, the German Association for Financial Analysis and Asset Management (DVFA) e. V., in cooperation with Frankfurt Main Finance, hosted the first Capital Market Forum at the Frankfurt financial centre. Here you can get exclusive insights into the event.
Casablanca Finance City (CFC) and Frankfurt Main Finance (FMF) collaborated, alongside the German-African Business Association, to strengthen business cooperation between the Eurozone and Africa in green and sustainable finance as well as FinTech.
Contrasting sentiment among financial institutions and service providers keeps CFS Index at unchanged level
Sentiment in the financial sector has shown contrasting trends in the first quarter of 2023. However, the CFS Index, which measures the business climate of the German financial sector on a quarterly basis, remains virtually unchanged at 107.9 points, just +0.1 points up on the previous quarter. Sentiment among the financial institutions deteriorated by -4.0 points, whereas it improved by +4.2 points among the service providers.