Press Releases

Q4: 5 Nov. 2020

• CFS Index remains positive
  (pdf download, index release #56)
• CFS survey on “DAX reform”: German financial industry sees a need for DAX reform
  (pdf download, special survey)

Q3: 30 July 2020

• CFS Index recovers significantly
  (pdf download, index release #55)
• CFS survey on the “Impacts of the Wirecard scandal” - German financial sector sees considerable need for financial regulatory reform in Germany
  (pdf download, special survey)

Q2: 30 April 2020

• Unprecedented slump in CFS Index
  (pdf download, index release #54)
• CFS survey: “Effects of the corona crisis” - German financial industry expects economic impacts to exceed those of the 2008 financial crisis – Equity capital measures broadly welcomed
  (pdf download, special survey)

Q1: 10 February 2020

• CFS Index on the rise
  (pdf download, index release #53)
• CFS survey: “Outlook for the year 2020” - German financial industry expects more widespread adoption of negative interest rates for savers – Calls for stronger incentives for share ownership
  (pdf download, special survey)

2019

Q4: 11 November 2019

• CFS Index remains stable
  (pdf download, index release #52)
• CFS survey on Facebook's planned digital currency Libra: German financial industry does not expect Libra to be introduced next year. Major concerns about potential threats to financial stability.
  (pdf download, special survey)

Q3: 12 August 2019

• CFS Index remains on downward trend
  (pdf download, index release #51)
• CFS survey: German financial industry now clearly expecting a “no deal” Brexit / Little desire for further compromise from the EU, even though market distortions are expected
  (pdf download, special survey)

Q2: 10 May 2019

• CFS Index shows a slight overall decline
  (pdf download, index release #50)
• CFS survey: “Green Finance” – Financial sector to play a role in the attainment of climate goals / Sustainability is a relevant factor in investment decisions / Government intervention not desired
  (pdf download, special survey)

Q1: 14 February 2019

• CFS Index falls slightly
  (pdf download, index release #49)
• CFS survey: Majority of German financial sector expecting “no-deal Brexit” with potential for market turbulence / London placing its position as Europe's leading financial centre at risk
  (pdf download, special survey)

2018

Q4: 03 December 2018

• CFS-Index takes a clear downturn
  (pdf download, index release #48)
• CFS survey: Artificial intelligence will be one of the core topics of the financial industry in the future – More initiatives to inform and educate the public would be beneficial
  (pdf download, special survey)

Q3: 24 August 2018

• CFS Index rises slightly
  (pdf download, index release #47)
• CFS survey: German financial industry takes a critical view of ICOs, calls for stronger regulation
  (pdf download, special survey)

Q2: 19 April 2018

• CFS Index unable to maintain record level from the previous quarter
  (pdf download, index release #46)
• CFS survey: German financial industry expects trade dispute between the US and China to escalate further / EU will have to make concessions in future negotiations with the US
  (pdf download, special survey)

Q1: 23 Januar 2018

• CFS Index reaches highest level since the start of the financial crisis in 2007
  (pdf download, index release #45)
• CFS survey: CFS survey: Financial industry does not believe bitcoin price trend is justified / Clear support for stronger regulation
  (pdf download, special survey)

2017

Q4: 19 October 2017

• Service providers expecting huge revenue growth in fourth quarter, despite a previous sharp decline / Job cuts at financial institutions on the rise again
  (pdf download, index release #44)
• CFS survey: Financial industry believes bubbles are likely to form on the European financial markets due to QE measures and the ECB’s zero interest rate policy / Rapid departure from expansive monetary policy is favored, yet not expected. This is cause for alarm
  (pdf download, special survey)

Q3: 21 July 2017

• Revenue and earnings growth of financial institutions declines – Service providers expect the same for the current quarter / Financial industry continues to increase investment volume
  (pdf download, index release #43)
• CFS survey: One year on from the Brexit referendum – Financial industry still sees Frankfurt as the major winner / London to remain one of the top 3 financial centres / CFS warns against euphoria
  (pdf download, special survey)

Q2: 5 May 2017

• CFS Index reveals contrasting tendencies: Financial institutions limit job cuts and increase earnings growth – Service providers report slower growth in revenues, earnings and investments
  (pdf download, index release #42)
• German financial industry takes a neutral to sceptical view of the potential impacts of Donald Trump’s presidency – Very little expectation of positive effects
  (pdf download, special survey)

Q1: 19 January 2017

• CFS Index rises significantly
  (pdf download, index release #41)
• Three-pillar model of the German credit industry has proven effective – Savings banks and cooperative banks are key to the financing of German SMEs
  (pdf download, special survey)

2016

Q4: 19 October 2016

• Significant job cuts at financial institutions – Significant job growth at service providers - CFS Index remains largely unchanged as a result
  (pdf download, index release #40)
• CFS survey: The issue of cyber security must be on every financial industry agenda
  (pdf download, special survey)

Q3: 21 July 2016

• CFS Index returns to a slight upward trend - Financial industry revenues are developing positively
  (pdf download, index release #39)
• Financial Centre Frankfurt emerges as major winner of a Brexit
  (pdf download, special survey)

Q2: 26 April 2016

• CFS Index falls significantly – sentiment of financial institutions has reached a low point
  (pdf download, index release #38)
• Majority of the German financial industry is behind the planned merger between London Stock Exchange and Deutsche Börse
  (pdf download, special survey)

Q1: 25 January 2016

• CFS Index edges down
  (pdf download, index release #37)
• Financial centre Frankfurt should play a greater role in business with fintechs
  (pdf download, special survey)

2015

• CFS Index increases slightly
  Financial industry considers Capital Markets Union useful
  (pdf download, index release #36, 19 October 2015)
  
  
• CFS Index declines significantly
  Financial industry supports strengthening of the Monetary Union
  (pdf download, index release #35, 20 July 2015)
  
  
• CFS Index remains strong
  (pdf download, index release #34, 27 April 2015)
  
  
• CFS Index increases substantially
  Increasing returns on shares expected
  (pdf download, index release #33, 26 January 2015)

2014

• CFS Index drops again
  Financial industry: Only structural reforms can stimulate bank lending
  (pdf download, index release #32, 20 October 2014)
  
  
• CFS Index stops upward trend
  Financial industry pushes for regulation of the shadow banking sector
  (pdf download, index release #31, 21 July 2014)
  
  
• CFS Index continues to rise
  Financial industry rejects criticism of German current account surplus
  Good educational system and legal security more important than wage level
  (pdf download, index release #30, 14 April 2014)
  
  
• CFS Index stays on positive course
  Financial Sector believes: Banking Union cannot be stopped
  (pdf download, index release #29, 27 January 2014)
  

2013

• CFS Index increases significantly
  (pdf download, index release #28, 14 October 2013)
  
  
• CFS Index decreases slightly
  (pdf download, index release #27, 15 July 2013)
  
  
• CFS Index holds steady
  (pdf download, index release #26, 22 April 2013)

• CFS Financial Center Index remains stable at a solid level
  (pdf download, index release #25, 21 January 2013)

2012

• CFS Financial Center Index returns to positive after a good third quarter
  (pdf download, index release #24, 14 October 2012)

• The financial industry sentiment dampens
  (pdf download, index release #23, 16 July 2012)

• Optimistic forecasts raise CFS Financial Center Index
  (pdf download, index release #22, 16 April 2012)

• CFS Financial Center Index at a stable level
  (pdf download, index release #21, 25 January 2012)

2011

• CFS Financial Center Index drops sharply
  (pdf download, index release #20, 19 October 2011)

• CFS Financial Center Index decreases
  (pdf download, index release #19, 20 July 2011)

• CFS Financial Center Index maintains its high level
  (pdf download, index release #18, 19 April 2011)

• CFS Financial Center Index continues to rise
  (pdf download, index release #17, 01 February 2011)

2010

• CFS Financial Center Index further on the rise...
  (pdf download, index release #16, 26 October 2010)

• CFS Financial Center Index up by 2.4 points
  (pdf download, index release #15, 19 July 2010)

• Financial sector hesitant
  (pdf download, index release #14, 25 April 2010)

• Signs of a sustained recovery of the financial industry
  (pdf download, index release #13, 20 January 2010)

2009

• Recovery of the financial sector in sight
  (pdf download, index release #12, 15 October 2009)

• CFS Financial Center Index indicates turnaround
  (pdf download, index release #11, 16 July 2009)

• CFS Financial Center Index falls to 97.3
  (pdf download, index release #10, 21 April 2009)

• Downward trend stopped - Financial Center Index nearly unchanged
  (pdf download, index release #9, 2 February 2009)

Older press releases are only available in German.

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