Tag: Banks & credit institutions
Recession, turnaround in interest rates, energy crisis: are Europe’s banks prepared?
The Frankfurt banking skyline The rest of 2022 is likely to be quite turbulent for banks in Germany and Europe. (Photo: dpa) Frankfurt Given the long list of risks, Europe’s…
That is why banks are likely to give fewer loans
Financial district in Frankfurt Many credit institutions have become more cautious in lending. (Photo: dpa) Frankfurt In the first half of the year, companies in Germany found it comparatively easy…
EU banks are making headway – Germany remains at the bottom
Evening skyline of Frankfurt am Main German banks are still lagging behind their European competitors. (Photo: dpa) Frankfurt The efforts of European banks are beginning to pay off. After years…
Eight billion euros for companies: Unicredit offers a payment deferral
Unicredit headquarters in Milan Italy’s largest bank wants to support companies with a package worth billions in the energy crisis. (Photo: Bloomberg) Milan The major Italian bank Unicredit wants to…
Credit Suisse could lose 4,000 jobs
Credit Suisse headquarters in Zurich Cuts are also threatened at the headquarters in Zurich. (Photo: Bloomberg via Getty Images) Zurich Credit Suisse is considering cutting 4,000 jobs. The Handelsblatt learned…
Investigators search major US bank JP Morgan in Frankfurt
Frankfurt skyline Almost every major bank is now the focus of investigators because of involvement in cum-ex deals. (Photo: imago images / Westend61) Frankfurt Public prosecutors, tax investigators and police…
Goldman is easing almost all Covid restrictions in the US
Goldman Sachs in New York The employees return to the office. (Photo: Bloomberg) new York David Solomon always maintained that the work-from-home era was just a “deviation” from normal. The…
US bank expands commercial banking in Germany
US bank Citi In concrete terms, the bank wants to focus on local medium-sized companies, especially in transaction banking. (Photo: Reuters) Frankfurt So far, the major US bank Citi has…
Cologne public prosecutor takes back millions from Lehman
A former Lehman employee vacates his office in London on September 15, 2008 The investment bank, which was wound up years ago, is just one of many involved in the…
This is how consumers can find cheap online installment loans
Euro notes savings book Euro notes savings book *** Euro notes passbook euro notes savings FMH-Finanzberatung has compiled a ranking of the best online installment loans. Especially the German Skatbank…
Citigroup liquidates branches in Russia
Citigroup Inc. On Thursday, the US bank in New York announced that it would close 15 branches with around 2,300 employees in Russia. (Photo: Reuters) Frankfurt The major American bank…
Annual tax certificates at Commerzbank and Comdirect too late
Commerzbank logo and headquarters The institute is having problems issuing annual tax statements. (Photo: dpa) Frankfurt At Commerzbank and its online subsidiary Comdirect, more customers are still waiting for their…
Complaints about tax certificates are piling up
Commerzbank logo and headquarters The institute is having problems issuing annual tax statements. (Photo: dpa) Frankfurt At Commerzbank and its online subsidiary Comdirect, more customers are still waiting for their…
London is planning a new “Big Bang” for the financial sector
Race to succeed Johnson A mural in Belfast shows the two candidates for the Conservative party leadership, Rishi Sunak and Liz Truss. (Photo: dpa) London The City of London may…
Deutsche Bank and Wall Street banks face fines over Whatsapp
Banks in New York Especially during the pandemic, the use of private communication services at banks has increased significantly. (Photo: dpa) New York, Frankfurt Using WhatsApp and personal email accounts…
Banks are scrutinizing home loans more strictly
Financial district in Frankfurt Not only the banks, but also their customers take a closer look when it comes to buying a property. (Photo: dpa) Frankfurt The dream of owning…
Ex-Deutschbanker Joshi becomes the new chief financial officer
Zurich The new Credit Suisse CEO Ulrich Körner has made the first important personnel decisions. Credit Suisse announced on Monday that Dixit Joshi would become chief financial officer of the…
Banks are scrutinizing home loans more strictly
Financial district in Frankfurt Not only the banks, but also their customers take a closer look when it comes to buying a property. (Photo: dpa) Frankfurt The dream of owning…
Wall Street banks face fines worth millions for Whatsapp use
Banks in New York Especially during the pandemic, the use of private communication services at banks has increased significantly. (Photo: dpa) new York Using WhatsApp and personal email accounts for…
HCOB boss Ermisch resigns surprisingly – Ian Banwell takes over
Frankfurt Stefan Ermisch has experienced a lot in his ten years at Hamburg Commercial Bank (HCOB): The manager, who joined in 2012 as Chief Financial Officer and has headed the…