Tag: Banks & credit institutions
IKB is entering the digital brokerage of SME loans
Frankfurt Mittelstandsbank IKB is entering the digital brokerage of corporate loans. “We want to develop Fundingport, our joint venture with Hypoport, into a brokerage platform for SME loans,” said Ralph…
Mastercard is phasing out the Maestro system
Sparkasse Girocard with Maestro function Mastercard wants to end its Maestro function in the foreseeable future. Cross-border payments with girocards would then be processed via Mastercard itself. (Photo: dpa) Frankfurt…
How Melanie Kehr improved the IT at the development bank
Melanie Kehr The KfW board member was recognized for KfW’s quick reaction at the beginning of the corona pandemic, which would not have been possible without the services of the…
There are abysses between claim and reality
Office from N26 The Berlin smartphone bank N26 receives around 780 million euros from investors in a new financing round. (Photo: Reuters) The smartphone bank N26 has had an impressive…
Firms’ hunger for credit is low
Frankfurt The slack in loans to companies and the self-employed is more pronounced than expected: the KfW development bank has lowered its forecasts in the current KfW loan market outlook.…
Why the banks will only benefit from the green boom in the future
Frankfurt Do good and earn money at the same time. For Bernie Mensah, President of International at Bank of America (BoA), this is not a contradiction in terms. Like most…
Firms’ hunger for credit is low
Frankfurt The slack in loans to companies and the self-employed is more pronounced than expected: the KfW development bank has lowered its forecasts in the current KfW loan market outlook.…
Goldman Sachs: Merger Fever Provides Profit Boost
Goldman Sachs The financial institution can look forward to strong business in investment banking. (Photo: Reuters) new York The US investment bank Goldman Sachs has made a profit jump on…
Dealmakers drive up US bank profits
new York at night The corona crisis is hardly noticeable in the balance sheets. new York The investment bankers are back in the spotlight. Thanks to the global merger and…
Quarterly figures: US banks experience profit surge
Financial District USA The US financial institutions are recovering from the corona crisis. (Photo: dpa) new York As a result of the government’s economic stimulus programs during the pandemic, consumers…
ECB chief supervisor: Beware of real estate loans
Andrea Enria With some loans, a deterioration in quality can be seen. (Photo: Reuters) Frankfurt ECB chief banking supervisor Andrea Enria warns of a bubble in the real estate market.…
JP Morgan plans massive expansion in German private banking
Hakan Strangh “We cannot compromise on quality.” (Photo: press photo) Frankfurt The US financial giant JP Morgan has decided to significantly expand its offering for very wealthy customers in Germany.…
Bank of England discontinues exclusive talks with individual banks
London’s Canary Wharf financial district Background meetings with representatives of commercial banks are not uncommon in the everyday work of central banks. (Photo: dpa) London The Bank of England does…
JP Morgan surprises again with very good quarterly figures
new York JP Morgan’s dealmakers are the big stars right now. They had the strongest quarter ever thanks to a boom in mergers and acquisitions (M&A). Revenue from advisory services…
JP Morgan surprises again with very good quarterly figures
JP Morgan headquarters in New York The major US bank is traditionally the first Wall Street bank to publish its business figures. (Photo: Reuters) Dusseldorf As the first of the…
JP Morgan surprises again with very good quarterly figures
JP Morgan headquarters in New York The major US bank is traditionally the first Wall Street bank to publish its business figures. (Photo: Reuters) Dusseldorf As the first of the…
US regulators are allegedly examining the communication channels of several banks
New York Stock Exchange The focus of the supervision is allegedly the use of intelligence services on private devices of the employees. (Photo: dpa) Washington According to insiders, the US…
These 10 bank stocks have potential
In front of the ING headquarters in Brussels Frankfurt Bank stocks have done unusually well this year. They were one of the few sectors to also end September in positive…
These ten bank stocks have potential
In front of the ING headquarters in Brussels Frankfurt Bank stocks have done unusually well this year. They were one of the few sectors to also end September in positive…
Report on Greensill scandal has been delayed
Credit Suisse branch Investors are eagerly awaiting the final report on the investigations. (Photo: Bloomberg) Zurich, Frankfurt Credit Suisse’s internal processing of the billions in losses with the Greensill funds…