Tag: Banks & credit institutions
Investor from Qatar discloses current stake
Deutsche Bank headquarters in Frankfurt The Qatari ruling family has long been invested in Deutsche Bank, and there is only speculation about the current level of the stake. (Photo: imago…
Deutsche Bank opts for virtual general meeting
Presence general meeting of Deutsche Bank A picture from the past: Deutsche Bank recently invited shareholders to a face-to-face meeting in May 2019. (Photo: dpa) Frankfurt Deutsche Bank will again…
Neobroker Scalable Capital offers 2.3 percent interest on call money
Scalable Capital office space The fintech has been able to increase the number of customers by 67 percent to over 500,000 customers since July of last year. (Photo: picture alliance…
Central bank puts pressure on western banks active in Russia
Berlin The Central Bank of Ukraine is putting pressure on Western banks that support Russia in waging the war: “When you stayed in Russia, you decided to support the aggressor…
Investigators are frisking BNP Paribas in Frankfurt
Dusseldorf Since Tuesday, around 130 public prosecutors, tax investigators and police officers have searched the offices of the major French bank BNP Paribas in Frankfurt and the private homes of…
Against PayPal and Apple Pay: major US banks are planning their own payment app
Frankfurt Seven major US banks want to launch their own payment app and thus put the payment services PayPal and Apple Pay in their place. Well Fargo, Bank of America,…
Profitable foreign exchange transactions and high interest margins – Ukrainian banks work “non-stop”
Vienna Despite bombing raids on a daily basis, energy supplies constantly collapsing and foreign investors having turned their backs on the country, Ukraine’s financial sector is doing relatively well. “I…
Bafin President on interest rate risks: “The first line of defense has been removed.”
Bafin President Mark Branson The financial supervisor warns: many banks have already used up their hidden reserves and have hardly any buffer left for further valuation losses. (Photo: Maurice Kohl)…
Christian Ossig resigns as head of the banking association
Christian Ossig Resigns as Chief Executive of the Association of Banks effective January 31, 2023. (Photo: imago/Reiner Zensen) Frankfurt The Federal Association of German Banks (BdB) must look for a…
Consumer protection for new banking terms and conditions
postal bank Since the Federal Court of Justice ruled against Postbank, bank customers have had to expressly agree to a price increase. (Photo: imago images / Cord) Frankfurt Consumer advocates…
Interest on overnight money? None at most savings banks
Frankfurt Although the prime and deposit rates in the euro zone have risen significantly, almost two-thirds of German credit institutions have so far not paid any interest on call money.…
The federal government assumes export risks for medium-sized companies
Industry The Federal Ministry of Economics and the Federal Ministry of Finance have agreed to make it easier for German medium-sized companies to do business with other countries with the…
Commerzbank is suing auditor EY over Wirecard losses
Commerzbank The major German bank is trying to recover its losses from the Wirecard bankruptcy in court. (Photo: dpa) Frankfurt Commerzbank wants to recover losses of around 200 million euros…
Banks want to be able to raise prices more easily again
Frankfurt, Berlin The German banks and savings banks want to get rid of the approval requirement for fee increases. They are aiming for an amendment to the German Civil Code,…
Banks in the EU often pay salaries in the millions
Financial district in Frankfurt In Germany, the millionaire density among bankers is particularly high: around 30 percent of all top earners in the EU work here. (Photo: dpa) Frankfurt The…
Europe’s banks should revive the securitization market
Frankfurt Europe urgently needs a renaissance of the controversial securitization market – Lutz Diederichs, head of Germany at the major French bank BNP Paribas, is convinced of this. Diederichs admits…
Europe’s banks should revive the securitization market
Frankfurt Europe urgently needs a renaissance of the controversial securitization market – Lutz Diederichs, head of Germany at the major French bank BNP Paribas, is convinced of this. Diederichs admits…
The boom in new corporate loans continues
Gas power plant in Leipzig High energy prices put private households and companies under pressure. (Photo: dpa) Frankfurt The high energy prices and the large inventories of many companies continue…
Brazil’s largest state bank gets a boss
Tarciana Medeiro Medeiros, it marks a cultural change in the bank in relation to politics. (Photo: dpa) Salvador Tarciana Medeiros started her career as a seller at the weekly market…
Goldman Sachs profits slump, Morgan Stanley beats expectations
Goldman Sachs logo on the New York Stock Exchange Earnings per share for the fourth quarter of 2022 were $3.32. (Photo: Reuters) Frankfurt Goldman Sachs continues to come under pressure:…