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 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!
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.
How generative AI is revolutionizing finance
According to Moody’s, one of the most exciting developments in AI is its democratization. Gone are the days when AI was solely the realm of software engineers. Today, analysts, creatives, and other professionals can leverage these powerful tools to streamline their workflows. Tools like ChatGPT have played a pivotal role in this shift, making AI accessible without the need for deep technical know-how.
Financial investment and external financing in Germany in Q1 2024
According to the Deutsche Bundesbank, the net financial assets of households in Germany continued to increase, driven by valuation gains and a real return of 1.4% in the first quarter. At the same time, corporate financing increased slightly, which also led to an increase in liabilities.
DVFA tightens requirements for supervisory boards
The German Association for Financial Analysis and Asset Management (DVFA) has updated its position on the independence of supervisory board members with regard to internationally established criteria. The 2024 AGM season has also shown that many companies do not meet the requirements of investors.
DVFA monthly question: After the European elections, digital infrastructure and competitiveness are the most urgent issues
According to the July survey by DVFA, investment professionals consider strengthening digital infrastructure and competitiveness to be the most urgent tasks following the European elections. These issues are seen as crucial for Europe’s economic future.
Companies plan to invest in generative AI
Generative artificial intelligence, for example in the form of ChatGPT, has already arrived in the everyday lives of many people and, according to a new study by KPMG, the use of AI is also gaining momentum among companies in Germany. Not only do 53% of the companies surveyed intend to increase their investments in generative AI in the coming year, 67% of those surveyed also expect an increase in turnover thanks to the use of AI.
Financial Crime Risk Management Report
The latest Financial Crime Risk Management Report analyzes the progress that has been made since Deloitte and the Institute of International Finance (IIF) published their framework to combat financial crime in the financial industry.
TQ Accelerator for Digital Finance
TechQuartier is a FinTech hub in Frankfurt that has developed and hosted over 60 startup programs in collaboration with major financial institutions since its founding in 2016. It serves as a platform and physical space for founders and corporate innovators to collaborate, contributing to the overall strength of Frankfurt’s Financial Center.
