Tag: Deposit insurance
Bailout of small money houses will cost US big banks billions
The Silicon Valley Bank logo The collapse of the Californian institute marked the beginning of the crisis in the US regional banks. (Photo: Reuters) Frankfurt If the US deposit insurance…
With overnight money against inflation – which factors savers should consider
Direct bank ING Even if Germany’s largest direct bank has recently increased its overnight interest rate for new customers to three percent, this offer is not enough to compensate for…
The EU Commission’s reform proposals are met with resistance
Germany’s financial metropolis Frankfurt The German banks and savings banks see massive interventions in their security systems in the EU reform plans. (Photo: E+/Getty Images) Frankfurt, Brussels According to the…
Sewing warns of regulation – Would strengthen shadow banks
Frankfurt According to the observations of the Federal Association of German Banks (BdB), the digitization of the banking business accelerates the pace of customer deposit outflows in crisis situations. “The…
o the EU wants to make bank processing easier
Boat replica “Crisis Suisse” The ailing bank Credit Suisse was taken over by competitor UBS. (Photo: dpa) Brussels, London In the future, European banks should be liquidated more easily in…
The banking crisis reveals the failure of the regulators
Trust is the beginning of everything. What sounds like a cheap advertising slogan or at best a platitude is a bitter reality in the banking world. If people think a…
An increase in state deposit insurance makes banks safer
Frankfurt banking district It becomes problematic when individual banks lose the trust of their depositors. (Photo: dpa) “Consider what you wish for, because you could get it”: This English proverb…
Concerns about US banking system fuel discussion about higher deposit insurance
Denver The heads of the major US banks meet in Washington on Tuesday. The meeting of the banking lobby Financial Services Forum had been planned for a long time. But…
Your money is safe now
At the ATM The Handelsblatt gives an overview of the rules of deposit protection. (Photo: Imago/Westend61) Munich In the US, two medium-sized banks, Silicon Valley Bank and Signature Bank, have…
How safe are call money and fixed deposits?
At the ATM The Handelsblatt gives an overview of the rules of deposit protection. (Photo: Imago/Westend61) Munich In the US, two medium-sized banks, Silicon Valley Bank and Signature Bank, have…
Bankruptcy of the Silicon Valley Bank causes unrest in Germany
Skyline of the Frankfurt financial district After the bankruptcy of the Silicon Valley Bank, Commerzbank shares temporarily collapsed by 16 percent on Monday. (Photo: Reuters) Frankfurt The level of nervousness…
How a small Raiffeisen bank rebels
Head office of the Raiffeisenbank Hochtaunus The management does a few things there differently than other cooperative banks. (Photo: PR) Frankfurt Raiffeisenbank Hochtaunus likes to step out of line. Last…
Volksbanks and Raiffeisenbanks want to reform the security system
Volks- und Raiffeisenbank (VR) The German cooperative banks are considering adjusting their security scheme again. It should take the risks of individual financial institutions even more into account. (Photo: imago…
Christian Ossig resigns as head of the banking association
Christian Ossig Resigns as Chief Executive of the Association of Banks effective January 31, 2023. (Photo: imago/Reiner Zensen) Frankfurt The Federal Association of German Banks (BdB) must look for a…
Call money and fixed deposits are that safe
statement of account Interest is noted on a bank statement: call money and fixed-term deposits are now offering interest again. But how safe is the money invested? (Photo: dpa) Munich…
The project should be ended
Flags in front of the EU Commission in Brussels Germany rejects joint liability for savings deposits. (Photo: dpa) The dispute over the introduction of a European deposit insurance (Edis) has…
European deposit insurance fails because of German resistance.
Berlin, Frankfurt, Brussels Eurogroup boss Paschal Donohoe has failed in his attempt to complete the European banking union. The main reason for this was the strong resistance from Germany against…
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…
Banking Union: Savings platforms promote EU deposit insurance
Frankfurt, Brussels, Berlin Eurogroup boss Paschal Donohoe had to take a lot of criticism last week for his proposal to introduce a European deposit insurance. But now he is getting…
Germany is up in arms against deposit insurance
Berlin, Frankfurt, Brussels Eurogroup boss Pascal Donohoe wants to tackle one of the most contentious issues in Europe’s financial architecture. According to EU circles, he will present a two-phase model…