Tag: Hamburg Commercial Bank
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…
Many German companies turn off the lights
Good morning, dear readers, The discounter Aldi Nord reports via Twitter with the notificationto close many branches earlier from November onwards in the 2022/23 winter season. They want to make…
Cerberus and JC Flowers stop selling plans for former HSH-Nordbank
Frankfurt Setback for the owners of Hamburg Commercial Bank (HCOB): The financial investors Cerberus and JC Flowers have stopped their plans for a billion-dollar sale of the institute for the…
Cerberus and JC Flowers stop selling plans for former HSH-Nordbank
Frankfurt Setback for the owners of Hamburg Commercial Bank (HCOB): The financial investors Cerberus and JC Flowers have stopped their plans for a multi-billion dollar sale of the institute, as…
Cerberus and JC Flowers put sales plans on hold
Frankfurt Setback for the owners of Hamburg Commercial Bank (HCOB): The financial investors Cerberus and JC Flowers have put their plans for a multi-billion dollar sale of the institute on…
Financial service provider suspends annual targets – share collapses
New build apartments in Munich The financial service provider Hypoport suspended its annual targets – the share price then collapsed. (Photo: dpa) Dusseldorf, Frankfurt Investors in the financial brokerage Hypoport…
Scholz has to answer these 8 questions
Chancellor Scholz in the Cum-Ex scandal (Photo: Imago, dpa, Getty Images) Dusseldorf When Olaf Scholz returns to Hamburg this Friday, he will not be happy. Here, in his private and…
Scholz has to answer these 8 questions
Chancellor Scholz in the Cum-Ex scandal (Photo: Imago, dpa, Getty Images) Dusseldorf When Olaf Scholz returns to Hamburg this Friday, he will not be happy. Here, in his private and…
HCOB boss Ermisch resigns surprisingly – Ian Banwell takes over
Frankfurt Stefan Ermisch has experienced a lot in his ten years at Hamburg Commercial Bank (HCOB): The manager, who joined in 2012 as Chief Financial Officer and has headed the…
Gas dictator Putin promotes Nord Stream 2
Blackmail succeeds when one person has something that the other cannot get in any other way and therefore pays a lot of money for it. We can see how this…
How Landesbanken reached into the state coffers
Peter Tschentscher (left) and Norbert Walter-Borjans Hamburg’s mayor and the ex-WestLB supervisory board were poorly informed about the cum-ex transactions of their state banks. (Photo: dpa, Imago, PR [M]) Dusseldorf…
How Landesbanken reached into the state coffers
Peter Tschentscher (left) and Norbert Walter-Borjans Hamburg’s mayor and the ex-WestLB supervisory board were poorly informed about the cum-ex transactions of their state banks. (Photo: dpa, Imago, PR [M]) Dusseldorf…
BayernLB feels the slowdown in real estate financing
BayernLB Due to the consequences of the Ukraine war and the high inflation, the Münchener Landesbank is currently exchanging information with its corporate customers “more intensively than ever before”. (Photo:…
Boss Jörg Frischholz warns of a severe recession
Joerg Frischholz The new NordLB boss wants to finance more renewable energies. (Photo: East German Banking Association) Frankfurt If the economy slumps in the current year, NordLB is in danger…
Commentary on the takeover bid for Aareal Bank
The Aareal Bank logo The planned sale of the Wiesbaden real estate financier failed at the first attempt. The chances for two financial investors look better on the second try.…
Where Germany’s tallest skyscrapers will be in the future
Skyscraper projects in Germany Frankfurt The title of Germany’s skyscraper metropolis can no longer be denied to Frankfurt am Main. But the city with the striking skyline is no longer…
Where Germany’s tallest skyscrapers will be in the future
Bank skyline of Frankfurt am Main Further new high-rise projects are planned in the Bankenstadt. (Photo: dpa) Frankfurt The title of Germany’s skyscraper metropolis can no longer be denied to…
Chief economists raise forecasts significantly
Berlin, Frankfort The conflict with Russia and the rapidly rising energy prices are fueling concerns about a drastic increase in inflation: the chief economists of the twelve largest German banks…
Financial investors are considering the sale of Hamburg Commercial Bank
Frankfurt A deal worth billions is emerging on the German banking market: according to financial circles, the owners of Hamburg Commercial Bank (HCOB) are considering selling the money house. The…
British neobank Revolut expands business with its own banking license in Germany
Frankfurt The British neobank Revolut is growing rapidly. She puts the number of her customers at 18 million, around 70 percent of them in the EU and half a million…