Tag: credit
Sparkasse terminates 24 customers in dispute over negative interest payments
Sparkassen logo The background to the custody fees is the negative interest rate of 0.5 percent that banks have to pay for parking money at the European Central Bank. (Photo:…
Sparkasse terminates 24 customers in dispute over negative interest payments
Sparkassen logo The background to the custody fees is the negative interest rate of 0.5 percent that banks have to pay for parking money at the European Central Bank. (Photo:…
KfW is assuming a turnaround in new corporate loans
KFW Frankfurt Instead of a decline, KfW is now assuming growth in the credit market. (Photo: dpa) Frankfurt The state development bank KfW is assuming a trend reversal in new…
Credit Suisse is preparing to take legal action in London in the Greensill debacle
Credit Suisse headquarters in Zurich The “Financial Times” reported in the summer that Credit Suisse was investigating a lawsuit against Softbank. (Photo: Reuters) Frankfurt The major Swiss bank Credit Suisse…
A New Commitment Regarding Foreign Currency Has Been Brought to Credit Transactions
The Banking Regulation and Supervision Agency has brought a letter of undertaking to be signed by customers who will receive loans. The purpose of this is to save banks from…
Bundesbank Vice President Claudia Buch warns banks
Frankfurt Bundesbank Vice-President Claudia Buch calls on German banks to prepare even more for crises. “At the moment we are seeing increasing vulnerabilities and a declining risk awareness in the…
Savings banks and comrades want to hold shares
Schufa in Berlin With an annual turnover of more than 200 million euros and an operating margin of almost a third, Schufa is highly profitable. (Photo: dpa) Frankfurt According to…
Apollo mega loan for Softbank
Masayoshi Son, CEO of Softbank In December alone, Softbank invested in numerous companies. (Photo: AP) Frankfurt. The credit market apart from the traditional banks is growing into new dimensions. The…
Credit Rating Agency Fitch: “Improved Regulations Can Eliminate Stablecoin Risks”
In its report published on Tuesday, Fitch Ratings stated that with the finalization of remedial regulations regarding stablecoins, the risks will decrease, thus encouraging financial institutions to invest. Fitch, one…
Construction financing is booming – experts expect interest rates to rise
New development area Experts expect mortgage lending rates to rise in 2022. (Photo: dpa) Frankfurt They are considered to be a key factor in the rising prices on the German…
Credit Suisse demotes German top bankers
Credit Suisse headquarters in Zurich Zurich Credit Suisse appoints Francesco De Ferrari as head of the newly formed asset management team. He was previously head of the Australian financial group…
German credit insurers expect more company bankruptcies in 2022
Frankfurt The German credit insurers see the further economic development threatened by numerous risks. They therefore expect the number of corporate bankruptcies in Germany to rise again for the first…
ECB makes credit risk a priority for 2022 to 2024
ECB banking supervisor Andrea Enria The head of the banking supervisory authority of the European Central Bank (ECB) wants to increasingly review credit and climate risks in the next few…
China’s real estate giant Evergrande warns of default
Evergrande The real estate company is apparently facing new payment difficulties. (Photo: Reuters) Beijing The heavily indebted Chinese real estate giant Evergrande has warned of possible payment difficulties. After a…
Antitrust penalty for HSBC, Barclays and Credit Suisse
Margrethe Vestager The EU Competition Commissioner spoke of a “clear message” for the banks. (Photo: AP) London The Swiss bank Credit Suisse and the three major British banks HSBC, Barclays…
Why the EU taxonomy worries SMEs
Brussels When does a company operate sustainably? That is the big question that the European Union is trying to answer within the framework of the EU taxonomy. This is a…
What do you have to consider before graduation?
Building your own home with home savings A home loan and savings contract has long been considered the first building block for owning a home. But you should think twice…
What you should consider before signing a home loan and savings contract
Building your own home with home savings A home loan and savings contract has long been considered the first building block for owning a home. But you should think twice…
Online loan marketplaces want to take market share from banks
Programmer on the laptop Lending platforms automate and accelerate lending. (Photo: dpa) Berlin When the loan negotiations with his house bank dragged on too long, Pascal Schiefer took action. The…
Public prosecutor interviews Credit Suisse managers
Credit Suisse branch in Zurich Bank managers have to speak up about money laundering allegations in front of law enforcement officers in Geneva. (Photo: Reuters) Zurich It was an appointment…