DVFA monthly question December: Capital markets more in consolidation mode in 2025 — continued uncertain environment
DVFA Investment Professionals have mixed feelings about the coming year. Equities are the favourite asset class, while geopolitical tensions and economic risks are the biggest sources of uncertainty. Gold remains a favourite, with almost a third of respondents expecting prices above USD 2,900 per ounce. The DAX shows limited optimism and the dollar is likely to remain strong according to the majority. After two strong years, experts are focussing on caution.
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.
Frankfurt financial centre and region appeal for an open Europe
On the occasion of Europe Day on 9 May 2024, representatives of the financial centre and the and the region are making a joint appeal to the public.
Finance Montréal and Frankfurt Main Finance jointly sign statement of intent to support ISSB
Today, the two financial centre initiatives signed a joint statement of intent to support the Global Baseline in Sustainability Reporting by the ISSB. Montréal and Frankfurt are both home to the ISSB’s offices.
Casablanca Finance City and FMF joint event in Casablanca
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.
Metzler Board Member Wiesheu re-elected President of Frankfurt Main Finance
The Presidium of Frankfurt Main Finance has elected Gerhard Wiesheu as President of the Financial Centre Initiative for another two years. The re-election of Wiesheu, who first assumed the presidency in 2020, was unanimous.
Financial Centers Tokyo and Frankfurt deepen partnership
The Financial Center Initiative Frankfurt Main Finance (FMF) and FinCity.Tokyo want to consolidate their partnership. Therefore, both institutions agreed upon a joint statement today in Tokyo. The consulting firm McKinsey will accompany the cooperation as a knowledge partner.
Six New Members for Frankfurt Main Finance
Frankfurt am Main, July 14, 2022 – The Financial Centre Initiative Frankfurt Main Finance e. V. (FMF) welcomed six new members in the middle of the year.
Memoranda of Understanding on International Sustainability Standards Board (ISSB) signed in Frankfurt
The public and private sectors today signed agreements with the IFRS Foundation governing the presence of the International Sustainability Standards Board (ISSB) in Frankfurt.
Financial Centre Frankfurt to be one of the key locations of the International Sustainability Standards Board
Frankfurt’s application awarded key functions for the new International Sustainability Standards Board, which will develop future standards for global sustainability disclosures for financial markets: Frankfurt will be seat of the Board and also host the office of the chair. Montreal will also be providing key functions to the ISSB.