Tag: banks in Europe
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…
“We expect interest rates to fall in 2024”
Marion Höllinger She has been head of the Munich Hypo-Vereinsbank since March 2023. Frankfurt Marion Höllinger, the head of Hypo-Vereinsbank (HVB), expects more investments from German companies again from 2024.…
Barclays advises selling – price down two percent
BMW car at the IAA The car manufacturer was one of the winners on the stock market in the first half of the year. The mood has now changed. (Photo:…
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.…
UBS ticks off Archegos scandal for Credit Suisse
UBS subsidiary Credit Suisse The scandal surrounding Archegos and his manager Bill Hwang caused Credit Suisse a loss of five billion US dollars in mid-March 2021. (Photo: Reuters) Zurich UBS…
Barclays wants to sell German private customer business
Barclays branch in London The major British bank could sell its German business. (Photo: Reuters) Frankfurt, Hamburg The major British bank Barclays is considering selling its private customer business in…
Data leakage is now also the concern of the financial regulator
The financial regulator Bafin is concerned with data leaks at banks and insurers The Comdirect, which is part of Commerzbank, also confirmed that criminals had access to customer data. (Photo:…
London’s financial district of Canary Wharf needs to reinvent itself
Bank Towers in Canary Wharf More and more big banks are leaving the financial district in east London. (Photo: Bloomberg) London Since the major British bank HSBC announced at the…
These three UK stocks lure investors with big dividends
City of London view The leading British index FTSE 100 contains hardly any tech stocks and is therefore not benefiting from the current AI hype. (Photo: Reuters) Cologne The British…
Five corporations dominate the stock market – analysts see potential
Madrid skyline, BBVA Tower (left) The performance of the leading Spanish index lags behind compared to other European indices. (Photo: imago images/Zoonar) Madrid Spain’s leading share index is special in…
Data leak also affects customers of the direct banks ING and Comdirect
ING Bank logo According to the Dutch bank, a low four-digit number of customers who used the statutory account switch were affected by a hacker attack at a service provider.…
Julius Baer wants to become a billion dollar bank
Philip Rickenbacher The CEO of the second largest Swiss bank trims his institute for growth. (Photo: Reuters) Frankfurt The exit from Credit Suisse has made Julius Baer the second largest…
The riskiest interest-bearing securities are in demand again
Logo of the Spanish bank BBVA The new risky BBVA bond offers interest of 8.375 percent per year. (Photo: IMAGO/Zoonar) Frankfurt The shock quickly subsided: almost three months after Credit…
British Telegraph Media Group is foreclosed on
Daily Telegraph issue of 14/07/2014 Front page, The Daily Telegraph, 14/07/2014 London The newspaper group Telegraph Media Group (TMG) is for sale. After the previous owner family Barclay could not…
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…
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…