Tag: Banks & credit institutions
UBS is apparently to take over the crisis bank Credit Suisse
UBS The Swiss bank could take over all or part of the ailing Credit Suisse. (Photo: Bloomberg) Zurich The major Swiss bank UBS is apparently to take over all or…
Several banks are restricting business with Credit Suisse – but are buying the bank’s bonds
New York,London Business with other financial institutions is also becoming increasingly difficult for the crisis-ridden Credit Suisse. At least four major houses, including Deutsche Bank and Societe Generale, have restricted…
“The global situation as a whole is more fragile than it has been for a long time”
Kenneth Rogoff The Harvard economist also sees the risk of a crisis for Europe: Italy in particular could become a problem. (Photo: Anadolu Agency/Getty Images) Dusseldorf Kenneth Rogoff does not…
“The global situation as a whole is more fragile than it has been for a long time”
Kenneth Rogoff The Harvard economist also sees the risk of a crisis for Europe: Italy in particular could become a problem. (Photo: Anadolu Agency/Getty Images) Dusseldorf Kenneth Rogoff does not…
Several banks are restricting business with Credit Suisse – teams are examining scenarios for a struggling large bank over the weekend
CreditSuisse The turbulence continues. (Photo: Bloomberg) New York,London Business with other financial institutions is also becoming increasingly difficult for the crisis-ridden Credit Suisse. At least four major houses, including Deutsche…
Major Swiss bank: Credit Suisse shares collapse again
Frankfurt The problems in the banking sector do not stop. Despite various aid measures, investors continue to sell shares in weakened institutions on a large scale. In Europe, Credit Suisse…
Major Swiss bank: Credit Suisse shares collapse again
Frankfurt The problems in the banking sector do not stop. Despite various aid measures, investors continue to sell shares in weakened institutions on a large scale. In Europe, Credit Suisse…
Bank sell-off hits Wall Street again
new York Another sell-off in the US banking sector on fears of a new financial crisis set Wall Street back on Friday. The Dow Jones Index of Standard Values was…
ECB sees no contagion from euro banks – bank supervisors are advising today
Economy: Are not in a similar situation to 2008 Despite the problems surrounding the Silicon Valley Bank and Credit Suisse, Veronika Grimm does not expect a financial crisis 2.0. “I…
What danger banks and markets face from the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
Major Swiss bank: Credit Suisse shares collapse again
CreditSuisse With a total of over 50,000 employees, Credit Suisse is one of the world’s largest asset managers. (Photo: Bloomberg) Zurich Credit Suisse shares resumed their slide on Friday. The…
The Fed is also saving politics
First Republic Bank A migration of the banking business to large corporations that can hardly be reached personally in the area would be a bad trend. (Photo: Bloomberg) Anyone who…
ECB sees no contagion from euro banks – ECB bank supervisors are advising today
Economy: Are not in a similar situation to 2008 Despite the problems surrounding the Silicon Valley Bank and Credit Suisse, Veronika Grimm does not expect a financial crisis 2.0. “I…
“Milestones not reached” – Supervisory Board cuts bonuses
Christian Sewing The salary of the head of Deutsche Bank has recently increased. (Photo: IMAGO/Political Moments) Frankfurt In the opinion of its supervisory board, Deutsche Bank is not making progress…
What danger banks and markets face from the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
‘Had $50m in SVB during bank run’ – ECB bank supervisors advise today
Economy: Are not in a similar situation to 2008 Despite the problems surrounding the Silicon Valley Bank and Credit Suisse, Veronika Grimm does not expect a financial crisis 2.0. “I…
Sewing earned 8.9 million euros in 2022
Christian Sewing The salary of the head of Deutsche Bank has recently increased. (Photo: IMAGO/Political Moments) Frankfurt At the end of Deutsche Bank’s restructuring phase, CEO Christian Sewing was rewarded…
US banks are borrowing more Fed money than during the financial crisis
Financial district in New York US banks are borrowing more money from the Federal Reserve today than in 2008, the year of the financial crisis. (Photo: Bloomberg) new York After…
“Had $50m in SVB during bank run” – Banks borrow record emergency liquidity from Fed
Association: Treasurers must not underestimate the situation The Association of German Treasurers (VDT) warns those responsible for finance in companies not to underestimate the current situation. Even if they are…
Wall Street closes with gains as major banks prop up Regional Bank
new York On Wall Street, prices have recovered after positive signals from the banking sector, which has recently been under pressure. The Dow Jones index of standard values closed on…