Tag: DZ bank
DZ Bank fears “undesirable side effects” from ESG rules.
Frankfurt The DZ Bank and the energy group EnBW see great dangers from new sustainability rules in the financial sector. “The current regulation creates false incentives,” warns DZ-Bank co-head Cornelius…
According to the study, Germany benefits from high inflation
ECB President Christine Lagarde Higher inflation could be in the interests of individual countries. (Photo: imago images/Hannelore Förster) Frankfurt The savers groan under the high inflation rates and years of…
The Central Bank Council is divided along these lines
The Governing Council, which is made up of the Executive Board and the heads of the national central banks, is currently seen by the majority as an assembly of “doves”,…
Why there is hope for technology stocks despite the turnaround in interest rates
US technology exchange Nasdaq in New York The Nasdaq-100 index headed for its worst month since the financial crisis. (Photo: Bloomberg) Frankfurt The biggest monthly loss on the US technology…
What professional investors have to do with the crash
Bitcoin representation Compared to the record high in November, the cryptocurrency is currently more than 45 percent in the red. (Photo: Reuters) Dusseldorf Bitcoin has stabilized for now after its…
JP Morgan bundles three European subsidiaries in Frankfurt
Frankfurt It took a few years of planning, and now it’s official: JP Morgan is merging its three legal entities in the European Union. “With immediate effect, the units from…
The markets tremble before the Fed
After significant price losses before the weekend, the US technology exchange Nasdaq is heading for the worst month since the financial crisis and the leading German index Dax is heading…
Matthias Schellenberg will start as the new boss in March
Matthew Schellenberg From March on, the ex-Merck Finck board member will take over the cooperative bank. (Photo: Apobank) Frankfurt The Apotheker- und Ärztebank (Apobank) has found a new boss. Matthias…
Financial groups send employees back home
Munich, Frankfurt The rapidly increasing number of coronavirus infections has prompted Allianz to resort to rigorous measures. On December 29, Europe’s largest insurer informed the workforce that the highest level…
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…
Dax closes below 16,000 points
Dax curve The leading German index had reached several new record highs in the last stock market year. (Photo: Bloomberg Creative/Getty Images [M]) Dusseldorf The 16,000 mark seems to be…
Commerzbank and several Spanish banks are exiting
Frankfurt, Madrid The European payment system EPI, which was launched with great hopes, will at best be launched as a slimmed-down version. More and more financial institutions have doubts about…
Commerzbank and several Spanish banks are exiting
Frankfurt, Madrid The European payment system EPI, which was launched with great hopes, will at best be launched as a slimmed-down version. More and more financial institutions have doubts about…
Savings banks revive the discussion about the central institute
Frankfurt The idea was almost dead, but the savings banks just won’t let it go. Even association president Helmut Schleweis had already given up his dream of rapid consolidation of…
Savings banks revive the discussion about the central institute
Frankfurt The idea was almost dead, but the savings banks just won’t let it go. Even association president Helmut Schleweis had already given up his dream of rapid consolidation of…
Savings banks revive the discussion about the central institute
Frankfurt The idea was almost dead, but the savings banks just won’t let it go. Even association president Helmut Schleweis had already given up his dream of rapid consolidation of…
US Accounting Season Begins – What It Means For Markets
DAX After Wall Street is closed for a holiday on Monday, the big number round begins on Tuesday. (Photo: Bloomberg) Munich The big stock exchanges are facing a change of…
US banks are benefiting from the Fed’s new monetary policy
New York, Frankfurt When the US Federal Reserve (Fed) raises interest rates, it makes financing more expensive for businesses and consumers. But the banks, which delivered very good figures last…
The selection begins on the crypto market
Bitcoin cryptocurrency Measured against the record high of November 10, 2021, the cryptocurrency is currently almost 38 percent in the red. (Photo: Reuters) Frankfurt, Düsseldorf The mood on the crypto…
The cards on the bond market are being reshuffled
Federal eagle in the Bundestag The yield on ten-year government bonds is approaching the zero percent mark. (Photo: Stefan Boness / VISUM) Frankfurt Clearance sale. This terrible word is making…