Tag: Bafin
Frustration among customers of the VTB Bank subsidiary
VTB Bank in Frankfurt VTB Direct Bank is a branch of VTB Bank Europe. (Photo: Jan Huebner) Frankfurt “How do I get my money?” Many VTB direct bank customers are…
Corestate projects in Düsseldorf and other major cities are in financial difficulties.
Corestate apartment building in Dusseldorf Investors suffer a total loss. (Photo: JOYN, Manfred Sodia) Zurich, Dusseldorf, Berlin Corestate had placed the bitter pill for investors at the very end of…
The Ukraine war and shaky stock markets are affecting financial start-ups
Frankfurt Neobank Penta needs money again. The Berlin company wants to collect 40 million euros. But it could be one of the first financial technology start-ups to feel that money…
Termination – Head of Sustainability waives appeal
Frankfurt It has been decided: Desiree Fixler accepts her defeat at the Frankfurt Labor Court against her former employer DWS. There, the former head of sustainability had filed a lawsuit…
Banks expect influx of Ukrainian refugees
Sparkasse logo on the roof of the Alexanderhaus The Berliner Sparkasse expects numerous bank accounts to be opened for Ukrainian refugees. “We are preparing for a larger rush and are…
No all-clear for the head of the fund subsidiary DWS
Frankfurt If you look at the numbers alone, 2021 was a very successful year for Asoka Wöhrmann, head of the Deutsche Bank fund subsidiary DWS. According to the annual report…
Bafin orders additional equity
Solaris bank The headquarters of the Neobank in Berlin. (Photo: Solarisbank) Frankfurt The German financial regulator Bafin has prescribed higher equity for Solarisbank. The reason for the measure was a…
Germany subsidiary of VTB Bank switches off customer telephones due to “large number of inquiries”.
Frankfurt Due to the war in Ukraine and the sanctions against Russia, the VTB direct bank has been overwhelmed with inquiries and has therefore temporarily switched off the customer hotline.…
German financial institutions stop making payments to VTB Bank Europe
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 According to…
According to VTB Bank Europe, it is not affected
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 One day…
According to VTB Bank Europe, it is not affected
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 One day…
European subsidiary of VTB Bank stops opening new accounts
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 The second…
Tui major shareholder Alexei Mordashov distances himself from Putin
Alexei Mordashov The Russian Tui major shareholder is distancing himself from Putin. (Photo: dpa) Dusseldorf Russian Tui major shareholder Alexei Mordashov, who has been on an EU sanctions list since…
Tui major shareholder Alexei Mordashov distances himself from Putin
Alexei Mordashov The Russian Tui major shareholder is distancing himself from Putin. (Photo: dpa) Dusseldorf Russian Tui major shareholder Alexei Mordashov, who has been on an EU sanctions list since…
Tui major shareholder Alexei Mordashov distances himself from Putin
Alexei Mordashov The Russian Tui major shareholder is distancing himself from Putin. (Photo: dpa) Dusseldorf Russian Tui major shareholder Alexei Mordashov, who has been on an EU sanctions list since…
EU subsidiaries of Russia’s Sberbank go bankrupt
Sberbank The EU subsidiary of the state-run bank is insolvent. (Photo: Reuters) Frankfurt The EU subsidiaries of the largest Russian money house Sberbank are on the verge of collapse. According…
Huadong joins Heidelberg Pharma – share increases strongly
Frankfurt The biotech company Heidelberg Pharma is strengthening its financial reserves and research activities through an alliance with the Chinese company Huadong Medicines. The group intends to invest more than…
The sanctions against Russia are a threat to Europe’s banks
Frankfurt banking skyline The European money houses have to work their way through hundreds of pages of sanctions regulations – and must not make any mistakes in the implementation. (Photo:…
Postbank terminates certain checking accounts
postal bank Postbank terminates the current accounts of customers who do not agree to the bank’s current prices and conditions. (Photo: dpa) Frankfurt Postbank is the first large private customer…
ECB tightens control of Russian bank subsidiaries in the EU
The logo of the Russian VTB Bank The Russian financial institutions could become one of the main targets for EU and US sanctions over the escalation in Ukraine. (Photo: Reuters)…