Tag: Banks & credit institutions
Bank customers must increasingly expect terminations
Branch of Commerzbank Commerzbank has written to customers several times since April 2021. (Photo: imago images/Arnulf Hettrich) Frankfurt If banks and savings banks want to raise the fees for current…
Rising interest rates cause the credit market to collapse
Bird’s-eye view of Frankfurt’s banking district In view of the many factors of uncertainty, banks are acting more and more cautiously. (Photo: imago images/Cavan Images) Frankfurt They were the fuel…
Sparkasse Nuremberg threatens 10,000 customers with termination
savings bank The Sparkasse Nuremberg has sent letters of termination to customers who have not yet agreed to the conditions for the current account. (Photo: imago/Ralph Peters) Frankfurt Sparkasse Nürnberg…
Germany should build a statue of Christian Sewing
David Serra The boss and founder of the asset manager Algebris likes to speak plain language – and has no problem if he offends with it. Frankfurt Davide Serra is…
Deutsche Bank introduces climate targets for four sectors
Deutsche Bank The money house wants to reduce the emissions it finances in the lending business, at least in relative terms. (Photo: dpa) Frankfurt Deutsche Bank is specifying its climate…
Bitcoin Group is about to take over the Munich bank von der Heydt
Data center in Iceland Bankhaus von der Heydt was recently also active in the application of blockchain technology. (Photo: Reuters) Frankfurt The Bitcoin Group from Herford is considering taking over…
US jury finds Credit Suisse not guilty in foreign exchange scandal
CreditSuisse The major Swiss bank was accused of manipulating prices on the foreign exchange markets. (Photo: Reuters) new York In the scandal surrounding alleged manipulations on the foreign exchange market,…
Deutsche Bank fires investment bankers in New York
Deutsche Bank in New York The bank lays off employees in the USA. (Photo: imago images/Levine-Roberts) new York According to an insider, Deutsche Bank has laid off employees from the…
Spain’s new bank tax is causing concern
Pedro Sanchez In July, the Spanish Prime Minister surprisingly announced a special tax on the net interest income and the net fees of the large Spanish banks. (Photo: IMAGO/Mike Schmidt)…
Investigators continue raid on Deutsche Bank
Police vehicles in front of Deutsche Bank headquarters in 2018 Since Tuesday, investigators have been searching the headquarters again, among other things. (Photo: dpa) Frankfurt The raid on Deutsche Bank…
Cerberus and JC Flowers stop selling plans for former HSH-Nordbank
Frankfurt Setback for the owners of Hamburg Commercial Bank (HCOB): The financial investors Cerberus and JC Flowers have stopped their plans for a billion-dollar sale of the institute for the…
Goldman Sachs earns significantly less
Goldman Sachs The bank’s profits plummeted. (Photo: Reuters) new York The slump in the business with takeovers and mergers has depressed profits at US bank Goldman Sachs. The fifth-largest lender…
Cerberus and JC Flowers stop selling plans for former HSH-Nordbank
Frankfurt Setback for the owners of Hamburg Commercial Bank (HCOB): The financial investors Cerberus and JC Flowers have stopped their plans for a multi-billion dollar sale of the institute, as…
Investigators search the Deutsche Bank headquarters and several apartments
Deutsche Bank headquarters The money house comes under pressure in the cum-ex affair. (Photo: imago images/Mattias Christ) Frankfurt Raid in the twin towers: Public prosecutors, tax investigators and police officers…
Goldman Sachs earns significantly less
Goldman Sachs The bank’s profits plummeted. (Photo: Reuters) new York The slump in the business with takeovers and mergers has depressed profits at US bank Goldman Sachs. The fifth-largest lender…
Cerberus and JC Flowers put sales plans on hold
Frankfurt Setback for the owners of Hamburg Commercial Bank (HCOB): The financial investors Cerberus and JC Flowers have put their plans for a multi-billion dollar sale of the institute on…
Investigators are looking for the Deutsche Bank headquarters and several apartments
Deutsche Bank headquarters The money house comes under pressure in the cum-ex affair. (Photo: imago images/Mattias Christ) Frankfurt Raid in the twin towers: Public prosecutors, tax investigators and police officers…
Deutsche Bank and Commerzbank want to sell shares.
Schufa Schufa was founded in 1927 as a “protection group for general loan security”. (Photo: dpa) Frankfurt Next chapter in the struggle for the credit agency Schufa: Deutsche Bank and…
Bafin orders a special audit at the L-Bank
L Bank building In the context of special audits, banking institutions have extensive obligations to cooperate with the auditors. (Photo: Thomas Rathay / teamwork / FOTOF (M)) Dusseldorf The Federal…
Goldman Sachs wants to merge investment banking and trading
Goldman Sachs Cost overruns and failure to meet profitability targets in the consumer lending business had created dissatisfaction within the bank. (Photo: Reuters) new York Goldman Sachs boss David Solomon…