Tag: Bank-related institutions
Some savings banks already exchange Girocards
This does not turn the Girocard into a credit card, it remains a debit card, so payments are debited directly from the account. But online shopping still works. The same…
Some savings banks already exchange Girocards
This does not turn the Girocard into a credit card, it remains a debit card, so payments are debited directly from the account. But online shopping still works. The same…
How Russia’s VTB Europe survived a bank run
Frank Hellwig and Miro Zadro What the managers will do from 2024 is still open. (Photo: dpa, Imago, VTB [M]) Frankfurt When Miro Zadro looks at his mobile phone at…
How Russia’s VTB Europe survived a bank run
Frankfurt When Miro Zadro looks at his mobile phone at 6:45 a.m. on February 24, the entire display lights up green. “They invaded” is the first WhatsApp message read by…
SAP attracts the anger of many banks
SAP headquarters in Walldorf The software group wants to consolidate its portfolio – special solutions for individual sectors in particular are under scrutiny. (Photo: imago images/Dirk Sattler) Dusseldorf, Frankfurt SAP…
Burkhard Balz sees great advantages in the digital euro
Burkhard Balz The Bundesbank board is promoting the digital euro and is counting on all major banks in Germany to go along with the planned European payment system EPI. (Photo:…
Storage fee for emergencies an option
Commerzbank The bank does not want to completely give up the instrument of a custody fee. (Photo: dpa) Frankfurt Commerzbank board member Thomas Schaufler does not want to completely give…
Corona pandemic accelerates withdrawal of cash payments
card payment The proportion of card payments is increasing in most countries in the euro zone – including Germany. (Photo: dpa) Frankfurt The corona pandemic has accelerated the withdrawal of…
For the time being, the EU Commission has given the go-ahead for the takeover of Uniper by the federal government – the second review is still pending
Uniper The federal government can take over the troubled gas company. (Photo: dpa) Dusseldorf Groundbreaking decisions were made this Friday shortly before the planned state takeover of the gas importer…
For the time being, the EU Commission has given the go-ahead for the takeover of Uniper by the federal government – the second review is still pending
Uniper The federal government can take over the troubled gas company. (Photo: dpa) Brussels, Dusseldorf According to a decision by the EU Commission, Germany can largely nationalize the crisis-ridden energy…
EU Commission approves Uniper takeover by the federal government
Uniper The federal government can take over the troubled gas company. (Photo: dpa) Brussels, Dusseldorf According to a decision by the EU Commission, Germany can largely nationalize the crisis-ridden energy…
The turnaround in interest rates will bring no relief for the time being
Banks in Frankfurt The interest surplus of the financial institutions is likely to increase. In relation to equity, however, the consequences of the turnaround in interest rates could fizzle out,…
Microsoft takes a stake in the London Stock Exchange
Microsoft The deal is part of a collaboration that could net Microsoft about $2.8 billion over the years. (Photo: Reuters) Dusseldorf The British stock exchange operator LSE, owner of the…
Review of designated Commerzbank risk chief is dragging on
Commerzbank The institute had to write off 187 million euros due to failed loans to Wirecard. (Photo: dpa) Frankfurt Commerzbank is caught up in the Wirecard scandal when it plans…
Baerbock calls on London to give in in the Northern Ireland dispute
Annalena Bärbock The Foreign Secretary praised Britain’s cooperation with Germany and other western partners in the Ukraine war. (Photo: dpa) London / Berlin Foreign Minister Annalena Baerbock has called on…
All the background and information on the Wirecard scandal
The indictment is as thick as a book. The allegations by the Munich public prosecutor against Markus Braun, the former CEO of Wirecard, cover 474 pages. In 2018 the most…
Vanguard withdraws from climate initiative
Industry The financial services provider said it wanted to demonstrate its independence in selecting securities. (Photo: dpa) Boston The world’s largest fund manager Vanguard is withdrawing from an important industry…
This is how the EU wants to strengthen capital markets
EU Finance Commissioner Mairead McGuinness The Commission wants to simplify IPOs and insolvencies. (Photo: REUTERS) Brussels The EU Commission wants to strengthen the European capital markets. The Brussels authority presented…
Banks want to equip Girocard with more functions
giro card The Girocard is to receive additional functions. This was announced by the Association of German Banks (BdB). (Photo: dpa) Frankfurt/Berlin Germany’s banks and savings banks are preparing to…
UK against relaxed capital rules for financial institutions
Rishi Sunak The UK Prime Minister is under pressure from Brexit supporters. (Photo: dpa) London Since the UK left the European Union nearly three years ago, Brexit supporters have been…