Tag: Banks & credit institutions
Bafin boss insists on a quick solution to the IT problems at Postbank
Mark Branson “Postbank must now solve this quickly,” said the head of the financial regulator Bafin. (Photo: dpa) Berlin The head of the German financial regulator Bafin, Mark Branson, is…
Few M&A deals in the summer – hope for more momentum in the winter
Frankfurt Companies and their advisors say they are negotiating more about possible mergers and acquisitions (M&A). However, this has not yet been reflected in a revival of the market. On…
Commerzbank wants to expand foreign business with corporate customers
Commerzbank headquarters The institute has been looking for a new head of risk for over a year. (Photo: dpa) Frankfurt At Commerzbank, discussions on the strategy for the coming years…
Cum-Ex trial against Christian Olearius begins
Bonn At 10 a.m. sharp, Christian Olearius enters meeting room S 0.11 in the Bonn Regional Court. Surrounded by four defense lawyers, the banker accused of tax evasion stands in…
Private banks from Switzerland and Liechtenstein are pushing into the German market
Headquarters of Bank LGT in Vaduz Banks from Liechtenstein are also opening branches in Germany. (Photo: AP) Zurich The competition in the German private banking market is getting tougher: A…
These are the best apps for digital business accounts
Symbolic image of a freelancer For internationally active freelancers Bunq is an interesting option thanks to local IBANs in five European countries and savings accounts in three currencies. (Photo: Caiaimage/Getty…
Significantly more customers are taking them to court
Postbank There are significantly more lawsuits against Postbank before the Bonn Regional Court this year than in 2022. (Photo: dpa) Frankfurt Postbank is confronted with significantly more complaints from customers.…
Trade Republic follows suit and gives 4 percent interest
Trade Republic The company offers its customers interest on overnight deposits. (Photo: dpa) Frankfurt Competitor Scalable Capital has shown the way, and now Trade Republic is following suit: From October,…
Trade Republic also offers 4.0 percent interest
Trade Republic The company offers its customers interest on overnight deposits. (Photo: dpa) Frankfurt Competitor Scalable Capital has shown the way, and now Trade Republic is following suit: From October,…
Major bank fires top managers for communication violations
Goldman Sachs The managers were fired for violating communications company policies. (Photo: Reuters) Frankfurt The US investment bank Goldman Sachs has separated from several executives due to violations of company…
Major bank fires top manager for communication violations
Goldman Sachs The managers were fired for violating communications company policies. (Photo: Reuters) new York US investment bank Goldman Sachs has fired several executives for violating company policies. Those affected…
Goldman Sachs fires top executives over communications violations
Goldman Sachs The managers were fired for violating communications company policies. (Photo: Reuters) new York US investment bank Goldman Sachs has fired several executives for violating company policies. Those affected…
Bafin is now also criticizing deficiencies in construction financing
Frankfurt Julia and Stefan Fischer actually wanted to move into their new single-family home in the Brück district of Cologne with their three-year-old daughter last Monday. But nothing came of…
The Austrian Bernd Spalt will be the new head of risk
Commerzbank headquarters The institute has been looking for a new head of risk for over a year. (Photo: dpa) Frankfurt After Thomas Schaufler and Sabine Mlnarsky, Commerzbank has signed another…
Cum-Ex “too good to be true”
Maple Bank lettering In the case of cum-ex transactions, which Maple Bank ran under the name “German Pair Strategy”, banks and investors never had any capital gains taxes paid refunded.…
Deutsche Bank wants to buy back shares worth 450 million euros
Deutsche Bank The money house wants to distribute a total of eight billion euros to shareholders by 2025. (Photo: Thomas Berger) Frankfurt Starting in August, Deutsche Bank plans to buy…
Investor lawyers want to sue for compensation for Credit Suisse shareholders
Axel Lehmann and Colm Kelleher at the historic press conference on March 19th Credit Suisse shareholders do not want to accept the low purchase price that UBS had to pay.…
Credit demand from companies collapses
View of the ECB and Frankfurt’s banking skyline The interest rate hikes by the European Central Bank (ECB) are significantly dampening demand for credit. (Photo: dpa) Frankfurt European companies took…
Deutsche Bank: Business trips are increasingly undesirable
Deutsche Bank branch The bank wants to further reduce its costs. Therefore, it also strives to reduce business travel expenses. (Photo: dpa) Frankfurt Business trips are also increasingly falling victim…
Banks are tightening their criteria for loans to climate sinners
lignite mining Many banks want to further tighten their regulations for climate-damaging companies. (Photo: dpa) Frankfurt The climate compatibility of companies is apparently playing an increasing role in their lending…