Tag: Banking supervision
Contradictions in Finma’s disposal give investors hope
CreditSuisse As part of the emergency merger with UBS, the Swiss financial regulator Finma had Credit Suisse’s so-called AT1 bonds written off worthless. (Photo: imago images/Geisser) The Swiss financial regulator…
European Court of Auditors sees shortcomings in ECB banking supervision
The European central bank The Court of Auditors complains that the ECB has set low standards for banks with high risks. (Photo: IMAGO/Political Moments) Frankfurt The European Court of Auditors…
Bailout of small money houses will cost US big banks billions
The Silicon Valley Bank logo The collapse of the Californian institute marked the beginning of the crisis in the US regional banks. (Photo: Reuters) Frankfurt If the US deposit insurance…
Why the crisis of confidence in regional banks is so difficult to stop
First Republic Bank in San Francisco The struggling US regional bank was taken over by the financial group JP Morgan Chase. (Photo: Bloomberg) Denver These are names that, until recently,…
Why the crisis of confidence in small institutions is so difficult to stop
First Republic Bank in San Francisco The struggling US regional bank was taken over by the financial group JP Morgan Chase. (Photo: Bloomberg) Denver These are names that, until recently,…
Bafin comparison portal for banks will not go into operation until 2024
Change bank details if the institute is too expensive? With the planned Bafin portal, citizens should get an overview of the conditions of credit institutions, for example for transfers, cash…
Stress in the banking market not yet over
Frankfurt Mark Branson “Stress phases often develop in spurts,” says the President of Bafin. (Photo: dpa) After the bankruptcy of several US banks and the emergency sale of Credit Suisse,…
After the takeover, UBS and Credit Suisse will initially remain separate institutions
UBS and Credit Suisse buildings in Zurich Zurich After taking over its former rival Credit Suisse, the major Swiss bank UBS initially wants to operate the business of both institutes…
Citi CEO Fraser doesn’t see a broad-based crisis
Citi CEO Jane Fraser Germany is an important market for the US bank, emphasizes the manager. (Photo: Bloomberg) Frankfurt, Denver First the Silicon Valley Bank (SVB) and the New York…
Citi CEO Fraser doesn’t see a broad-based crisis
Citi CEO Jane Fraser Germany is an important market for the US bank, emphasizes the manager. (Photo: Bloomberg) Frankfurt, Denver First the Silicon Valley Bank (SVB) and the New York…
PacWest leads rally in US regional banks: stock climbs 82 percent
Pacific Western Bank PacWest stock has come into the focus of investors this week. (Photo: AP) new York America’s regional banks ended a turbulent week with a relief rally. Los…
“We cannot rescue banks ourselves in an emergency”
Daniel Risch Risch considers the risk of a banking crisis to be low. (Photo: Principality of Liechtenstein) Vaduz In the event of a crisis, Liechtenstein would not be able to…
“We cannot rescue banks ourselves in an emergency”
Daniel Risch Risch considers the risk of a banking crisis to be low. (Photo: Principality of Liechtenstein) Vaduz In the event of a crisis, Liechtenstein would not be able to…
This small US bank no longer wants to be mistaken for the ailing Pacwest
banks in crisis The ailing Pacific Western Bank of California has nothing to do with Pacific West Bancorp. (Photo: AP) New York/Dusseldorf Similar names are causing confusion among US regional…
US banks often perform worse than European institutions when it comes to management quality
Silicon Valley Bank logo Weaknesses in risk management are said to have led to the collapse of the institute, among other things. (Photo: Reuters) Frankfurt The bankruptcy of the Silicon…
Shares in regional banks collapse sharply in after-hours trading
Pacwest The bank’s price fell sharply in after-hours trading. (Photo: Bloomberg) Denver The turbulence at the US regional banks continues after the bankruptcy of First Republic: The ailing Pacwest from…
Shares in regional banks collapse sharply in after-hours trading
Pacwest The bank’s price fell sharply in after-hours trading. (Photo: Bloomberg) Denver Just a few hours after the US Federal Reserve announced another rate hike, regional banks have come under…
Shares in regional banks collapse sharply in after-hours trading
PacWest The bank’s price fell sharply in after-hours trading. (Photo: Bloomberg) Denver Just a few hours after the US Federal Reserve announced another rate hike, regional banks have come under…
Fed raises key interest rate by 0.25 percentage points despite the banking crisis
Federal Reserve Building With their move, the central bankers are responding to persistently high inflation. (Photo: Reuters) new York The US Federal Reserve (Fed) is staying the course. As planned,…
Investors are looking for the next weak banks
First Republic Bank Even after the sale of the bank, the crisis is not over for other regional banks. (Photo: AP) Denver The relief didn’t last long. Just a day…