Tag: Credit unions
Sparda-Bank West will abolish custody fees from July
Sparda Bank West The Düsseldorfer Bank abolishes negative interest rates for private customers. (Photo: DARCHING) Frankfurt The end of negative interest rates for private savers is approaching. With the Sparda-Bank…
Significantly fewer branches are being closed in Germany
Former Sparkasse branch In Germany, the number of bank branches has fallen significantly in recent years. (Photo: imago/Steinach) Frankfurt The number of bank branches in Germany has been falling for…
German banks are closing significantly fewer branches.
Former Sparkasse branch In Germany, the number of bank branches has fallen significantly in recent years. (Photo: imago/Steinach) Frankfurt The number of bank branches in Germany has been falling for…
The first banks are doing away with the custody fee altogether
European Central Bank The ECB is likely to end the negative interest rates it charges commercial banks soon. The first credit institutions are now no longer charging any custody fees…
Savings banks and Volksbanks warn of Germany collapsing in deposit insurance
Helmut Schleweis and Marija Kolak The Savings Bank President and the BVR President fear that the EU deposit insurance could unsettle customers. (Photo: Uta Wagner (2)) Frankfurt Helmut Schleweis, President…
Volksbank and Sparkasse are opening up to cryptocurrencies
Bitcoin advertising in Japan The cryptocurrency market is currently in turmoil. (Photo: Bloomberg/Getty Images) Frankfurt The crash in the crypto market is dramatic – and it has resulted in large…
LBS Bayern and Südwest want to merge
LBS Southwest There are currently eight building societies in the public sector. (Photo: dpa) Frankfurt The two Landesbausparkassen (LBS) in Bavaria and Southwest are aiming for a merger. This was…
ING abolishes negative interest rates for many customers
Frankfurt The direct bank ING Germany with nine million customers abolishes negative interest and thus sets an example in the German financial sector. On July 1, the online bank will…
ING abolishes negative interest rates for many customers
Frankfurt The direct bank ING Germany with nine million customers abolishes negative interest and thus sets an example in the German financial sector. On July 1, the online bank will…
DZ Bank is once again processing payment transactions in Russia
Frankfurt The cooperative DZ Bank has resumed payment transactions with Russian banks after a break of several weeks – with extra control of all transactions. That’s what Thomas Ullrich, the…
Karl-Georg Pochhammer is the new chief inspector
apobank The Apotheker- und Ärztebank has reorganized parts of its supervisory board. Two banking experts move into the control committee. (Photo: picture alliance / picture agency-o) Frankfurt Dentist official Karl-Georg…
Co-head of third-largest Volksbank leaves
Markus Dauber “You have to let go to free your hands for something new.” (Photo: Uta Wagner / Euroforum) Frankfurt The third largest Volksbank, Volksbank eG from Villingen-Schwenningen and Offenburg,…
30 percent quota of women on the supervisory board required
Anke Lesinski-Schiedat (l.), Susanne Johna (middle), Christiane Groß With an application, the doctors want to set a quota for women on the Apobank supervisory board. Frankfurt Several prominent medical professionals…
Savings banks: General terms and conditions consent at the ATM
ATMs of a savings bank Some savings banks try to persuade customers at ATMs to agree to fee increases. (Photo: imago images / Joko) Frankfurt If banks and savings banks…
Court finds Swiss star banker guilty
Pierin Vincent Among other things, convicted of fraud and forgery in Zurich. (Photo: Reuters) Zurich In Switzerland, the most sensational economic trial in 15 years has ended with a guilty…
ECB calls for more banking experts in the control committee
apobank The Deutsche Apotheker- und Ärztebank should professionalize its supervisory board, demands the banking supervisory authority. So far, the body has included a number of doctors and pharmacists’ lobbyists. (Photo:…
Savings banks are examining bad banks for troubled state banks
Liana Buchholz The 57-year-old is traded within the Sparkassen-Finanzgruppe as a possible successor to DSGV boss Helmut Schleweis. Muenster The savings banks want to avoid having to save troubled state…
Savings banks are examining bad banks for troubled state banks
Liana Buchholz The 57-year-old is traded within the Sparkassen-Finanzgruppe as a possible successor to DSGV boss Helmut Schleweis. Muenster Even 15 years after the outbreak of the global financial crisis,…
DZ Bank: Former German banker becomes the new head of the capital market
Souad Benkredda The 45-year-old will be the new head of capital markets at DZ Bank. It starts on September 1st at the central institute of the cooperative banks. (Photo: DZ…
Souad Benkredda will be the new head of capital markets at DZ Bank
Souad Benkredda The 45-year-old will be the new head of capital markets at DZ Bank. It starts on September 1st at the central institute of the cooperative banks. (Photo: DZ…