Tag: Banks & credit institutions
State banks stop support purchases – lira falls by seven percent
Mehmet Simsek The markets have already speculated on this: state intervention is falling under the new finance minister. (Photo: Reuters) Istanbul The Turkish lira fell the most against the US…
State banks stop support purchases – lira falls by seven percent
Mehmet Simsek The markets have already speculated on this: state intervention is falling under the new finance minister. (Photo: Reuters) Istanbul The Turkish lira fell the most against the US…
New business in mortgage lending fell by half
New construction of single-family houses New business with private real estate loans also collapsed in April. A growing proportion of new business comes from loan extensions. (Photo: dpa) Frankfurt The…
Esma considers credit default insurance reform
Deutsche Bank shares Investors parted on Friday in droves of shares in the largest German bank. (Photo: dpa) Frankfurt The sharp swings in so-called credit default swaps (CDS) by financial…
UBS heralds the end of Credit Suisse
CreditSuisse The takeover should be completed in the next few days. (Photo: IMAGO/Future Image) Zurich The major Swiss bank UBS wants to complete the integration of Credit Suisse within seven…
Esma considers credit default insurance reform
Deutsche Bank shares Investors parted on Friday in droves of shares in the largest German bank. (Photo: dpa) Frankfurt The sharp swings in so-called credit default swaps (CDS) by financial…
US banks could be condemned to more capital
New York skyline According to a report, US banks are facing stricter capital requirements. (Photo: AP) new York After the recent bank failures in the USA, according to a newspaper…
Goldman Sachs warns of slump in trade
Goldman Sachs President John Waldron “We are now introducing additional targeted measures for our workforce.” (Photo: Reuters) new York Goldman Sachs is warning investors of a sharp downturn in investment…
Ex-UBS President Weber warns of risks in banking with wealthy customers
Axel Weber The long-standing president of the major bank UBS warns against underestimating the risks involved in doing business with wealthy customers. (Photo: Bloomberg) Zurich The longtime president of the…
Bank sees bottlenecks among many property owners
Family under construction (symbol image) For many owners, the energy-related renovation of buildings entails high costs. (Photo: IMAGO / Shotshop) Frankfurt For many of Germany’s house and apartment owners, the…
Deposits rise to 535 billion euros
The Frankfurt banking skyline For a long time, time deposits were not attractive for either savers or banks. That changed radically after the turnaround in interest rates. (Photo: dpa) Frankfurt…
Why banks and customers are staying longer again
The Frankfurt banking skyline For a long time, time deposits were not attractive for either savers or banks. That changed radically after the turnaround in interest rates. (Photo: dpa) Frankfurt…
Why banks and customers are staying longer again
The Frankfurt banking skyline For a long time, time deposits were not attractive for either savers or banks. That changed radically after the turnaround in interest rates. (Photo: dpa) Frankfurt…
Frankfurt is growing, but Berlin even more
Berlin skyline The capital is in demand with German fintechs. (Photo: dpa) Frankfurt Main location for German fintechs, contact point for international talents and also for some business units of…
These are the best car loans
car financing The terms of car loans are often the same as those of general installment loans. (Photo: dpa) Cologne Cars are expensive. In 2022, 27 percent of all used…
The new head of the supervisory board wants to maintain independence.
Frankfurt Manfred Knof cheers like a soccer player after the decisive goal in the World Cup final when he rings the bell at the Frankfurt Stock Exchange on February 27th.…
DWS CFO Peel is stepping down
CFO Claire Peel will soon be over at DWS too CFO Claire Peel and then-CEO Nicolas Moreau at the fund company’s IPO. (Photo: dpa) Dusseldorf The Deutsche Bank fund subsidiary…
Deutsche Bank admits to illegal collusion in bond trading
Deutsche Bank headquarters The British competition authority now wants to examine the opinion of the institute. (Photo: dpa) Frankfurt Deutsche Bank has admitted to illegal collusion in trading in British…
DZ Bank collects 1.1 billion euros with AT1 bond
Headquarters of DZ Bank in Frankfurt’s Westend Tower The leading cooperative institute collects more money than originally planned with an equity-like loan. (Photo: dpa) Frankfurt There has been a lot…
DZ Bank collects 1.1 billion euros with AT1 bond
Headquarters of DZ Bank in Frankfurt’s Westend Tower The leading cooperative institute collects more money than originally planned with an equity-like loan. (Photo: dpa) Frankfurt There has been a lot…