Tag: Bafin
Aareal Bank postpones Annual General Meeting
Headquarters of Aareal Bank The bidding consortium now wants to offer the shareholders EUR 33 per share. (Photo: dpa) Frankfurt Aareal Bank’s Management Board has given the go-ahead for the…
Aareal Bank postpones Annual General Meeting
Headquarters of Aareal Bank This time, the most important major shareholders of the real estate financier support the takeover bid by a bidding consortium. (Photo: dpa) Frankfurt Aareal Bank’s Management…
Compensation from EY: KapMug or foundation?
Frankfurt The bankruptcy of Wirecard AG in the summer of 2020 is one of the biggest economic scandals in German history. Private and institutional investors lost thousands of euros within…
Bundesbank: Warning of vulnerable real estate market
Joachim Wuermeling A turnaround in interest rates could become a heavy burden for the banks. (Photo: Deutsche Bundesbank) Frankfurt The Bundesbank is alarmed about the banks’ lending in the hot…
Bundesbank: Warning of vulnerable real estate market
Joachim Wuermeling A turnaround in interest rates could become a heavy burden for the banks. (Photo: Deutsche Bundesbank) Frankfurt The Bundesbank is alarmed about the banks’ lending in the hot…
Four out of five board members resign
Frankfurt In the office building at Rüsterstraße 7-9 in Frankfurt’s Westend district, nothing is as it used to be. The lettering of the company based there is covered with metal…
Zurich and Axa sell old portfolios to life insurance companies
Axa logo The French insurer has a portfolio with a nominal volume of around 15 billion on offer. (Photo: Reuters) Frankfurt, Munich After years of standstill, the processing of old…
Russian bank VTB is putting its European branch up for sale
The VTB Bank logo The VTB direct bank is a branch of the VTB Bank Europe SE and is under the supervision of the Bafin. (Photo: Reuters) Frankfurt What’s next…
Ex-Klarna manager Jens Lütcke as the new head of Germany
Solaris Bank in Berlin Solarisbank expands its management team. (Photo: Solarisbank) Frankfurt Solarisbank is expanding its management team: Jens Lütcke will take over the newly created position of Head of…
Would you currently buy a house?
single-family houses According to the Federal Statistical Office, prices for houses and apartments increased by an average of 12.2 percent in the last quarter of 2021 compared to the same…
Italy’s financial regulator imposes a freeze on new customers for direct banks
Frankfurt N26 is again in trouble with the authorities: the Italian financial regulator on Monday prohibited the Berlin neobank from taking on new customers until further notice, as N26 explained.…
N26: Italy’s financial regulator imposes a freeze on new customers
Frankfurt N26 is again in trouble with the authorities: the Italian financial regulator on Monday prohibited the Berlin neobank from taking on new customers until further notice, as N26 explained.…
Real estate tycoon Olek under pressure over tricky stock deals
Thomas Olek As a member of the board of Publity AG, he built up a branched group for commercial real estate. But its business methods are controversial. Investors are suing…
Allianz X is feeling headwind for the first time
Frankfurt, Munich In recent years, the venture capital subsidiary of the insurance giant Allianz has been spoiled by success. Now, for the first time since it was restructured four years…
Almost 27,000 accounts for refugees
savings banks The German savings banks have started to open large-scale accounts for Ukrainians. So far there are around 27,000. (Photo: dpa) Frankfurt The German savings banks have started to…
Commerzbank cuts bonus payments to ex-board members after IT disaster
Commerzbank headquarters in Frankfurt At Germany’s second-largest private bank, there has been tremendous fluctuation on the Management Board and Supervisory Board over the past year. (Photo: dpa) Frankfurt At Commerzbank,…
Fierce Bafin criticism of fund policies from life insurers
“The Bafin investigation is a real hammer,” says Professor Hermann Weinmann from the Institute for Finance at the Ludwigshafen University of Applied Sciences. It shows that there has been a…
How the new European fund product works
Headquarters of the European Commission in Brussels With the Delegated Regulation 2021/473 of the EU Commission, PEPP comes onto the market. (Photo: dpa) Frankfurt guarantees cost. And in view of…
How the new European fund product works
Headquarters of the European Commission in Brussels With the Delegated Regulation 2021/473 of the EU Commission, PEPP comes onto the market. (Photo: dpa) Frankfurt guarantees cost. And in view of…
Sale of shares to wife secures influence for oligarch Mordashov
Alexey Mordashov For Tui, Russian ownership is tricky for a number of reasons. (Photo: dpa) Dusseldorf By selling his share package to his wife Marina, Tui major shareholder Alexei Mordashov…