Tag: Hypo-Vereinsbank
Banks will continue to issue Girocards with a Maestro function for the time being
The Maestro logo can still be found on many Girocards Mastercard is phasing out the Maestro feature for international payments. The banks have to convert their Girocards from July, Deutsche…
Unicredit benefits from interest – Bank makes 2 billion euros quarterly profit
Frankfurt, Rome Unicredit has clearly exceeded expectations in the first quarter of this year: the net profit of the major Italian bank rose by 653 percent from January to March…
Hypo boss Diederich rejects merger
Michael Diederich at the Handelsblatt Bank Summit 2019 “Recently there have been several signals from the ECB that the first rate hike could come in July.” (Photo: Marc-Steffen Unger for…
boom without end? German banks rely on construction financing
cranes and T-beams The real estate business is particularly important for banks. (Photo: The Image Bank/Getty Images) Frankfurt Despite rising interest rates and stricter requirements from the financial supervisory authority…
boom without end? German banks rely on construction financing
cranes and T-beams The real estate business is particularly important for banks. (Photo: The Image Bank/Getty Images) Frankfurt Despite rising interest rates and stricter requirements from the financial supervisory authority…
EPI payment project on the verge of collapse: even savings banks have doubts
People’s Bank and Savings Bank There is contention in the struggle to set up a European payment system, EPI. Savings banks go to the cooperative banks. (Photo: picture-alliance / ZB)…
Unicredit makes a profit – and no longer bids for Otkritie
Unicredit CEO Andrea Orcel For the first time, the Italian presented the annual figures for the major Milan bank. (Photo: Bloomberg) Rome The major Italian bank Unicredit slipped into the…
Firms’ hunger for credit is low
Frankfurt The slack in loans to companies and the self-employed is more pronounced than expected: the KfW development bank has lowered its forecasts in the current KfW loan market outlook.…
Firms’ hunger for credit is low
Frankfurt The slack in loans to companies and the self-employed is more pronounced than expected: the KfW development bank has lowered its forecasts in the current KfW loan market outlook.…
Large German banks are going to the cloud – but not to Amazon
Amazon subsidiary Amazon Web Services The Amazon subsidiary AWS is a leading cloud provider. The large German banks, however, prefer to use the cloud services of their competitors Google and…