Tag: Banks
Two Big Thai Banks Invested A Large Amount In This DeFi Project!
The venture capital arms of some of Thailand’s major banks, DeFi supported its platform Forward in a $5 million core funding round. The financing round, led by Primestreet Capital, included…
The number of suspicious activity reports doubled in 2021
Customs Anti-Money Laundering Unit The Financial Intelligence Unit (FIU), a unit of customs, received almost 300,000 suspected money laundering reports last year. (Photo: dpa) Frankfurt The number of suspected money…
Energy Industry’s Lehman Moment: The Editor-in-Chief’s Weekly Recap
Good morning dear readers, As I write these lines, I am on my way back from the Handelsblatt Bank Summit in Frankfurt. The summit, at which several hundred of the…
German banks are only partially prepared to defend themselves
Bank skyscrapers in Frankfurt German banks are making progress, but more slowly than their European competitors (Photo: Karl-Heinz Spremberg) Federal Finance Minister Christian Lindner is making the local banks responsible.…
Finance Minister Lindner wants to involve banks in overcoming the crisis
Frankfurt, Berlin Federal Minister of Finance Christian Lindner sees the private banks in a key position in the fight against the looming economic crisis. The FDP boss hopes that the…
Finance Minister Lindner wants to involve banks in overcoming the crisis
Frankfurt, Berlin Federal Minister of Finance Christian Lindner sees the private banks in a key position in the fight against the looming economic crisis. The FDP boss hopes that the…
The appearances of Lindner and Knof in the Newsblog
To need Banks and fintechs a strategy update at a time of already great upheaval? And what does the regulatory framework look like? Among other things, we talk to you…
The appearances of Lindner and Knof in the Newsblog
To need Banks and fintechs a strategy update at a time of already great upheaval? And what does the regulatory framework look like? Among other things, we talk to you…
The crisis hits the state, banks and savers
Frankfurt banking skyline Energy crisis, inflation, rapidly rising key interest rates – turbulent months are ahead for German banks. (Photo: dpa) Frankfurt Europe’s bankers are preparing for an economic crisis.…
Citi boss on sustainability, the Ukraine war & ESGs
Banks need to develop their business models more urgently than ever in the coming years – especially with a view to sustainability, emphasized Thomas Steiner from management consultant Bearing Point…
The financial industry between interest rate turnaround and recession worries
Yet the real endurance test is still pending. Russia has suspended its gas supplies to Europe for an indefinite period – the energy crisis is coming to a head. Many…
The financial industry between interest rate turnaround and recession worries
Yet the real endurance test is still pending. Russia has suspended its gas supplies to Europe for an indefinite period – the energy crisis is coming to a head. Many…
Paydirekt processed just under 18 million transactions in 2021
Paydirect The online payment service provider belongs to the German savings banks, the cooperative banks, Deutsche Bank and Commerzbank. (Photo: dpa) Frankfurt The German banks have fallen far short of…
Paydirekt processed just under 18 million transactions in 2021
Paydirect The online payment service provider belongs to the German savings banks, the cooperative banks, Deutsche Bank and Commerzbank. (Photo: dpa) Frankfurt The German banks have fallen far short of…
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…
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…
US banks now expect ECB rate hike of 75 basis points
New York Stock Exchange (NYSE) Leading investment banks are preparing for a significant rate hike in the euro zone. (Photo: Reuters) Some of Wall Street’s largest banks have revised upwards…
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…