Tag: bankers
Investment bankers have to adjust to smaller bonuses
Wall Street subway station Investment bankers in the US also get lower bonuses. (Photo: Bloomberg) Denver, Frankfort Investment bankers have to brace themselves for lean times after the boom. After…
Goldman Sachs is likely to shock its top bankers with cut bonuses
Goldman Sachs The investment bank will probably have lower bonuses at the end of the year. (Photo: Reuters) new York Traders at US investment bank Goldman Sachs are on track…
Bankers and financial supervisors are increasingly clashing
Frankfurt In the struggle for an important banking reform, the European financial sector has achieved a significant stage victory. The finance ministers of the European Union (Ecofin) want to soften…
Two former HVB bankers sentenced to suspended sentences
District Court of Wiesbaden The fourth Cum-Ex trial ends with guilty verdicts. (Photo: dpa) Dusseldorf/Wiesbaden It’s not often that bank advisors are convicted for helping clients evade taxes. This was…
Deutsche Bank fires investment bankers in New York
Deutsche Bank in New York The bank lays off employees in the USA. (Photo: imago images/Levine-Roberts) new York According to an insider, Deutsche Bank has laid off employees from the…
Prosecutors indict four foreign investment bankers
The trial against Cum-Ex key figure Berger started in April The case now indicted involves two funds. (Photo: dpa) Dusseldorf The Cologne public prosecutor has presented the next indictment in…
Prosecutors want long prison sentences for Maple bankers
Maple Bank lettering The process of so-called cum-ex share deals from the now insolvent Maple Bank has been underway since May 2021. (Photo: dpa) Cologne The investigators estimate the damage…
Warburg bankers deny payment to SPD politician Johannes Kahrs
Johannes Kahrs The SPD member of the Bundestag may have been involved in the cum-ex transactions of the Hamburg Warburg Bank. (Photo: imago/Metodi Popow) Dusseldorf “Cum-Ex: Investigators find 200,000 euros…
Warburg bankers deny payment to SPD politician Johannes Kahrs
Johannes Kahrs The SPD member of the Bundestag may have been involved in the cum-ex transactions of the Hamburg Warburg Bank. (Photo: imago/Metodi Popow) Dusseldorf “Cum-Ex: Investigators find 200,000 euros…
Why bankers in the US expect fewer bonuses
JP Morgan employees on Wall Street Experts expect job cuts in the coming months if the situation on the markets does not improve significantly. (Photo: Reuters) New York, Frankfurt Not…
Why bankers in the US expect fewer bonuses
JP Morgan employees on Wall Street Experts expect job cuts in the coming months if the situation on the markets does not improve significantly. (Photo: Reuters) New York, Frankfurt Not…
US central bankers crack down on inflation
9.1 percent more inflation, that means for the masters of money in Washington, to raise the interest rate by 0.75 points for the second time in a row – now…
American Bankers Association Opposes Idea of Digital Dollar
The American Bankers Association, which represents private banks in the US, opposes a possible central bank digital currency (CBDC) to be issued by the Federal Reserve. The U.S. Department of…
Dax continues to fall after the ECB decision – central bankers ensure a sell-off on the bond market
Dusseldorf The leading German index extends its short-term consolidation after the four-week rally. The Dax was listed at 14,272 points at noon – a drop of 1.2 percent. The preliminary…
BGH confirms long prison sentence for Warburg bankers
Private bank MM Warburg The convict was considered a confidant of the longtime Warburg boss Christian Olearius. (Photo: dpa) Cologne Now it’s final: In Germany, for the first time, a…
Private bankers get more money, but are not entitled to work from home
Bank workers’ strike The Verdi union has reached a collective agreement with the private banks. (Photo: dpa) Frankfurt Collective bargaining for around 140,000 private bank employees in Germany is about…
Berenberg sends Frankfurt bankers to London
High-rise buildings in London Since Brexit, many banks have moved from the city to Frankfurt. (Photo: Bloomberg) While numerous banks had recently relocated jobs from London to Frankfurt in response…
Cum-Ex deals: Investment bankers in the dock
Bonn – District Court of Bonn Judge Roland Zickler found the former risk analyst at MM Warburg guilty of two counts of tax evasion on Wednesday. (Photo: Reuters) The Bonn…
Cum-Ex deals: Investment bankers in the dock
District Court of Bonn Judge Roland Zickler on Wednesday found the former risk analyst at MM Warburg guilty of two counts of tax evasion. (Photo: Reuters) Bonn The criminal proceedings…
Prosecutor demands 7 years in prison for Warburg bankers
District Court of Bonn A former top manager of Warburg Invest, a subsidiary of the Hamburg MM Warburg Group, is on trial here. (Photo: Reuters) Cologne In the criminal proceedings…