Tag: Banking supervision
The Bafin is investigating the crypto platform Cakedefi
Bafin The financial supervisory authority is currently checking whether the crypto platform Cake Defi is conducting unauthorized business in Germany. (Photo: Reuters) Dusseldorf The German financial regulator Bafin is investigating…
Swiss crypto bank Sygnum reaches valuation of $ 800 million
Sygnum boss Mathias Imbach The Swiss founded Sygnum in 2017, one of the first crypto banks with a banking license. (Photo: Sygnum) Zurich The Swiss Krytobank Sygnum has raised $…
Swiss crypto bank Sygnum reaches valuation of $ 800 million
Sygnum boss Mathias Imbach The Swiss founded Sygnum in 2017, one of the first crypto banks with a banking license. (Photo: Sygnum) Zurich The Swiss Krytobank Sygnum has raised $…
China is leading the way in tech regulation
Chinese smartphone user More rights against big tech – especially for the state. (Photo: LAM YIK FEI / The New York Times / R / Redux / laif) For a…
Deutsche Bank is apparently considering a joint venture in China
Deutsche Bank A Chinese magazine reports on a possible joint venture of the bank. (Photo: dpa) Frankfurt According to a media report, Deutsche Bank is in talks with the wealth…
Few branches, but a lot of staff
Frankfurt Germany has more banks than any other country in the European Union – but surprisingly few branches in relation to the number of inhabitants. This is shown by statistics…
Bafin imposes a fine on Deutsche Bank
Deutsche Bank headquarters in Frankfurt am Main The bank wants to accept the fine from the Bafin. (Photo: dpa) Frankfurt Deutsche Bank has to pay a fine of EUR 8.66…
Wall Street needs new bankers
America’s bankers are ending their most profitable year ever these days. The financial sector benefited from three factors. At the beginning of the year there was still a flourishing share…
Jörg Kukies is Scholz’s man for Europe
Jörg Kukies is a big fan of FSV Mainz 05. The 53-year-old has a season ticket and regularly goes to the stadium with his family. He has also personally inspected…
Climate protection needs strong banks
Just a little more than two months after the federal election, the new governing parties SPD, Bündnis 90 / Die Grünen and FDP signed their coalition agreement and elected Olaf…
Unicredit supervisory board chairman calls for international bank mergers
Pier Carlo Padoan, the head of the supervisory board of the major bank Unicredit The former Italian finance minister believes that Europe’s banks need more courage to merge. (Photo: Reuters)…
A significant number of banks are hesitant to invest in EPIs
Cell phone payment in the cafe All over Europe, people are increasingly paying by card or smartphone. A large part of the payments go through the systems of Mastercard and…
Bundesbank Vice President Claudia Buch warns banks
Frankfurt Bundesbank Vice-President Claudia Buch calls on German banks to prepare even more for crises. “At the moment we are seeing increasing vulnerabilities and a declining risk awareness in the…
Consumers should be able to compare their banking conditions transparently
checking account Especially when it comes to account management, the costs incurred are often confusing – a new comparison portal should help. (Photo: dpa) Berlin For many consumers it is…
Deutsche Bank threatens new trouble with the US judiciary
Deutsche Bank The bank is again targeted by US overseers. (Photo: dpa) new York Deutsche Bank has to grapple with the US Department of Justice again. The agency has informed…
Private banks reform deposit insurance
Frankfurt am Main Insurance companies, investment companies and public corporations and institutions, among others, are no longer to be protected. (Photo: dpa) Frankfurt The German private banks are fundamentally restructuring…
Jörg Kukies becomes the super advisor to Chancellor Olaf Scholz
Jörg Kukies The previous State Secretary for Finance will have a prominent role in the Chancellery. (Photo: imago images / tagesspiegel) Berlin The previous State Secretary for Finance Jörg Kukies…
ECB makes credit risk a priority for 2022 to 2024
ECB banking supervisor Andrea Enria The head of the banking supervisory authority of the European Central Bank (ECB) wants to increasingly review credit and climate risks in the next few…
Jörg Kukies – hands-on, ambitious and called for higher things
Jörg Kukies The previous Secretary of State at the Treasury Department previously worked for Goldman Sachs. (Photo: dpa) Berlin, Frankfurt The early 1990s were politically hot years at the University…
Jörg Kukies – hands-on, ambitious and called for higher things
Berlin, Frankfurt The early 1990s were politically hot years at the University of Mainz. And Jörg Kukies was right in the middle of it as a Juso member. His party…