Press Releases
Q3: 26 July 2022
- CFS Index falls significantly once more
(pdf download, index release #63) - CFS survey on “Bitcoin, Ethereum & co. – what does the future hold after the crypto market crash?”
(pdf download, special survey)
Q2: 12 May2022
- CFS Index falls significantly
(pdf download, index release #62) - Survey on "Impact of the Ukraine crisis on the stability of the financial sector"
(pdf download, special survey)
Q1: 3 February 2022
- CFS Index rises and is clearly above last year’s level
(pdf download, index release #61) - CFS survey on “Growth, inflation, climate and industry policy: outlook for 2022”
(pdf download, special survey)
2021
Q4: 28 October 2021
- CFS Index takes a slight downturn
(pdf download, index release #60) - CFS survey on "Inflation and inflation expectations" German financial sector does not believe that inflation rates will normalise in the short term – calls to abandon expansive monetary policy
(pdf download, special survey)
Q3: 22 July 2021
- CFS Index rises significantly
(pdf download, index release #59) - CFS survey on "The new strategy of the ECB" German financial industry takes a critical view of a “green” component of monetary policy – major concerns about continued low interest rate policy
(pdf download, special survey)
Q2: 11 May 2021
- CFS Index remains stable with a slight upward trend
(pdf download, index release #58) - CFS survey on “Does Europe need a digital euro?” German financial industry has yet to form a clear opinion on the digital euro – Fears over risks to the banks’ business model
(pdf download, special survey)
Q1: 4 February 2021
- CFS Index clearly rises for the second time in succession
(pdf download, index release #57) - CFS survey on “Impacts of Covid-19 on the German banking sector” - German financial sector anticipates wave of insolvencies and accelerated branch closures due to pandemic
(pdf download, special survey)
2020
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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