Tag: foreign banking transactions
Deutsche Silicon Valley Bank reopens – new name and new license
Bafin Exactly one week ago, the German financial regulator imposed a moratorium on the German branch. (Photo: REUTERS) Frankfurt The German branch of Silicon Valley Bank (SVB) is reopening –…
Buyer found for Signature Bank
Signature Bench The New York bank is taken over by the Community Bancorp. (Photo: AP) new York The US deposit insurance FDIC has found a buyer for the failed Signature…
Bafin closes German Silicon Valley bank
Bafin From the point of view of the authorities, the end of the German branch of the Silicon Valley Bank does not pose a threat to financial stability. (Photo: REUTERS)…
HSBC takes over SVB UK for a pound – tech firms relieved
SVB UK headquarters in Finsbury Square, London HSBC takes over the British arm of Silicon Valley Bank. (Photo: Reuters) London British tech companies have reacted with relief to the rescue…
Volkswagen bundles banking and leasing business in Europe
Volkswagen VW has made it its mission to become a comprehensive mobility service provider. (Photo: dpa) Frankfurt The Wolfsburg-based carmaker Volkswagen is bringing its financing and leasing business in Europe…
HSBC plans hefty dividend increase and special distribution
HSBC Headquarters in London The money house achieves a large part of its earnings in Asia. (Photo: dpa) London Since the Chinese insurance group Ping An has called for the…
HSBC showers its shareholders and earns significantly more operationally – expectations exceeded
HSBC Headquarters in London The money house achieves a large part of its earnings in Asia. (Photo: dpa) London Since the Chinese insurance group Ping An has called for the…
RBI targeted by US authorities over Russia
Frankfurt, Vienna The Austrian bank Raiffeisen Bank International (RBI) has been targeted by the US sanctions authorities because of its business in Russia. The bank received a letter from the…
Why the situation of Credit Suisse is precarious
Credit Suisse logo in Berne The reason for the troubles at Credit Suisse is its failure in the core business of every bank: managing risks. (Photo: REUTERS) A systemically important…
Why the situation of Credit Suisse is precarious
Credit Suisse logo in Berne The reason for the troubles at Credit Suisse is its failure in the core business of every bank: managing risks. (Photo: REUTERS) A systemically important…
Turbulence at the company conglomerate call the financial regulator Bafin on the scene
Gautam Adani According to a report by the investor Hindenburg Research, the richest Indian businessman until recently, Gautam Adani, found himself in need of explanation. In addition to analysts and…
Turbulence at the company conglomerate call the financial regulator Bafin on the scene
Gautam Adani According to a report by the investor Hindenburg Research, the richest Indian businessman until recently, Gautam Adani, found himself in need of explanation. In addition to analysts and…
China, Turkey and UAE are turning away – pressure on Russian banks and politicians is increasing
ICBC branch in Beijing China’s largest bank won’t accept payments from Russian banks under Western sanctions. (Photo: Reuters) Przemysl Only a strong last quarter saved Russia’s banks from a year…
Deutsche Bank opts for virtual general meeting
Presence general meeting of Deutsche Bank A picture from the past: Deutsche Bank recently invited shareholders to a face-to-face meeting in May 2019. (Photo: dpa) Frankfurt Deutsche Bank will again…
Central bank puts pressure on western banks active in Russia
Berlin The Central Bank of Ukraine is putting pressure on Western banks that support Russia in waging the war: “When you stayed in Russia, you decided to support the aggressor…
Banks in the EU often pay salaries in the millions
Financial district in Frankfurt In Germany, the millionaire density among bankers is particularly high: around 30 percent of all top earners in the EU work here. (Photo: dpa) Frankfurt The…
Deutsche Bank: ECB demands higher capital buffers
Deutsche Bank boss Christian Sewing Germany’s largest credit institution should hold higher capital buffers. However, the ECB’s measure has no specific impact on business or a possible dividend. (Photo: dpa)…
How Russia’s VTB Europe survived a bank run
Frank Hellwig and Miro Zadro What the managers will do from 2024 is still open. (Photo: dpa, Imago, VTB [M]) Frankfurt When Miro Zadro looks at his mobile phone at…
How Russia’s VTB Europe survived a bank run
Frankfurt When Miro Zadro looks at his mobile phone at 6:45 a.m. on February 24, the entire display lights up green. “They invaded” is the first WhatsApp message read by…
Morgan Stanley has cut 1,600 jobs – two percent of the workforce
MorganStanley According to an insider, the major American bank has laid off around two percent of its workforce. (Photo: dpa) new York According to an insider, the US bank Morgan…