Tag: Banks
Day of rate hikes – the central banks are getting serious
“It is becoming increasingly likely that a contraction in economic output and a more significant rise in the unemployment rate is exactly what is needed to bring down inflation,” warned…
Credit Suisse considers splitting up investment bank
Zurich According to a report in the Financial Times, the crisis-ridden Swiss bank Credit Suisse has drawn up plans to split its investment bank into three parts. According to the…
What Do Leading Banks Think About Cryptocurrency Mining Financing?
CEOs of leading US banks attended a congressional session today. The bosses of big banks also gave statements about the crypto industry. Banks, cryptocurrency does not intend to finance the…
Dispute over cheap ECB loans to banks
Frankfurt, Brussels After the European Central Bank (ECB) Council meeting in early September, there was one big winner in the markets: the banks. The shares of Deutsche Bank, Commerzbank and…
In 2022 there will be five million more millionaires
Global Wealth Report According to a study by Credit Suisse, there will be more super-rich people in 2021 than ever before. (Photo: imago images / Westend61) Zurich A strong global…
Raid on KPMG in Frankfurt
The Squaire at Frankfurt Airport A group of 60 investigators searched the premises of KPMG. (Photo: imago images/Aviation-Stock) Cologne The auditing and consulting company KPMG has investigators in the house:…
16 central banks decide on key interest rates
According to the Bloomberg news agency, 16 central banks will announce their decisions at short intervals this week, including the USA, Great Britain, Brazil, Turkey, Brazil, Indonesia, the Philippines, Japan,…
In 2022 there will be five million more millionaires
luxury According to a study by Credit Suisse, there will be more super-rich people in 2021 than ever before. (Photo: imago images / Westend61) Zurich A strong global economy and…
According to Credit Suisse, the number of dollar millionaires has increased worldwide
luxury According to a study by Credit Suisse, there will be more super-rich people in 2021 than ever before. (Photo: imago images / Westend61) Zurich A strong global economy and…
Prosecutors want long prison sentences for Maple bankers
Maple Bank lettering The process of so-called cum-ex share deals from the now insolvent Maple Bank has been underway since May 2021. (Photo: dpa) Cologne The investigators estimate the damage…
Bundesbank expects recession and double-digit inflation – German banks well prepared for an interest rate shock
Joachim Nagel, President of the Bundesbank In its monthly report, the Bundesbank ventures a gloomy outlook for the future. (Photo: Reuters) Berlin Because of the energy crisis, the Bundesbank is…
Bundesbank expects recession and double-digit inflation – German banks well prepared for an interest rate shock
Joachim Nagel, President of the Bundesbank In its monthly report, the Bundesbank ventures a gloomy outlook for the future. (Photo: Reuters) Berlin Because of the energy crisis, the Bundesbank is…
Sectors for the downturn and subsequent upswing
Meta (left), Amazon (middle) and Apple Are tech stocks attractive to investors again? (Photo: Reuters, AP (2)) Dusseldorf BMW, Mercedes and VW have lost more than ten percent since the…
Warburg and BNY Mellon pay back 60 million to the Treasury
MM Warburg & CO According to information from the Handelsblatt, the Hamburg private bank has transferred around 30 million to the Federal Central Tax Office. (Photo: imago images/Hanno Bode) Dusseldorf…
Sectors for the downturn and subsequent upswing
Meta (left), Amazon (middle) and Apple Are tech stocks attractive to investors again? (Photo: Reuters, AP (2)) Dusseldorf BMW, Mercedes and VW have lost more than ten percent since the…
New dispute over upper limits for banker bonuses
London The alleged plan of the new British finance minister, Kwasi Kwarteng, to abolish the bonus cap for bankers in the City of London, has reignited the dispute over “fair”…
SEC’s Guide to Crypto Assets Keeps Banks Away from the Industry
The U.S. Securities and Exchange Commission’s (SEC) guideline on the storage of crypto assets on behalf of third parties has foiled banks’ plans. of the SEC March 31, 2022 published…
Several cooperative banks join forces
People’s Bank The number of Volksbanks with total assets of ten billion euros and more is growing – thanks to further mergers. (Photo: dpa) Frankfurt Another particularly large merger is…
Several cooperative banks join forces
People’s Bank The number of Volksbanks with total assets of ten billion euros and more is growing – thanks to further mergers. (Photo: dpa) Frankfurt Another particularly large merger is…
Inflow of deposits stopped at the savings banks in Hesse-Thuringia
savings banks The savings banks in Hesse and Thuringia are feeling the effects of inflation: many customers can no longer save. The costs of the savings banks themselves are also…