Tag: Negative interest
Consumer center calls for more legal clout for Bafin
BaFin in Bonn Collective consumer protection is now also one of the tasks of financial supervision. (Photo: imago images/Schöning) Frankfurt For around eight years, the financial supervisory authority Bafin has…
Complicated and expensive: Elon Musk takes over Twitter
Good morning dear readers, For months, Elon Musk had blocked himself from taking over Twitter himself. Well it happened: According to media reports, the tech billionaire is behind the wheel…
What the abolition means for savers
Frankfurt skyline Most German banks have abolished negative interest rates for private customers. (Photo: dpa) Frankfurt This Monday is the end of negative interest rates at Deutsche Bank. From August…
After the ECB interest rate decision: moving away from the custody fee
Frankfurt banking skyline Most banks are likely to remove the custody fee after the ECB rate hike. Deutsche Bank wants to do that in August. The Hamburger Sparkasse on Friday.…
15 billion euros income with call money for banks
Bank towers in Frankfurt The European Central Bank is expected to hike interest rates this week. The German credit institutions can count on increasing income in the overnight money business…
Sparda banks see the end of the mortgage lending boom
Sparda Bank The Sparda banks expect that the business with real estate loans, which is particularly important for them, will weaken. (Photo: imago/Chris Emil Janssen) Frankfurt The cooperative Sparda banks…
Berlin fintech abolishes custody fee
N26 The abolition of the custody fee will come into effect with the July accounting period. (Photo: Reuters) Frankfurt The Berlin smartphone bank N26 refrains from negative interest rates in…
Sparda-Bank West will abolish custody fees from July
Sparda Bank West The Düsseldorfer Bank abolishes negative interest rates for private customers. (Photo: DARCHING) Frankfurt The end of negative interest rates for private savers is approaching. With the Sparda-Bank…
The first banks are doing away with the custody fee altogether
European Central Bank The ECB is likely to end the negative interest rates it charges commercial banks soon. The first credit institutions are now no longer charging any custody fees…
ING is doing it right: abolish penalty interest!
European Central Bank The online bank ING is pushing ahead and raising the allowances for credit balances on current and overnight accounts on July 1st. (Photo: dpa) “A banker is…
Time to scrap the negative interest rates
In recent years, the state and the financial sector have become so attuned to the weal and woe of debtors that they see creditors as a kind of forgotten species.…
ING abolishes negative interest rates for many customers
Frankfurt The direct bank ING Germany with nine million customers abolishes negative interest and thus sets an example in the German financial sector. On July 1, the online bank will…
ING abolishes negative interest rates for many customers
Frankfurt The direct bank ING Germany with nine million customers abolishes negative interest and thus sets an example in the German financial sector. On July 1, the online bank will…
ING abolishes negative interest rates for many customers
ING With the increase in the exempt amount on the giro and extra accounts, the custody fee will no longer apply for 99.9 percent of ING customers. (Photo: imago images/Belga)…
Termination if negative interest is not approved
In the meantime, other financial institutions have taken the step or are about to do so. Postbank has terminated some customers’ accounts because they did not agree to negative interest…
Without ECB negative interest, some financial institutions are cutting custody fees
Frankfurt The European Central Bank (ECB) has nurtured hopes of an imminent turnaround in interest rates. Step by step, it should then also do without the negative interest rates for…
Savings banks rely on customers not knowing
savings bank In the dispute over the right interest rate for long-term savings contracts, the savings banks have not yet approached their customers. Only a fraction of savers fight in…
The Long Shadow over the Pope – Handelsblatt Morning Briefing
if “image” praises, then right. So on April 20, 2005 it said: “We are Pope!” Cardinal Joseph Ratzinger had just been elected head of the Catholic Church. But what do…
The overdue end of negative interest rates
Federal Ministry of Finance The federal budget as a perpetual motion machine? (Photo: imago images/Gerold Rebsch) The negative interest rates are finally coming to an end. The yield on ten-year…
Joe Biden’s one-year self-praise – Handelsblatt Morning Briefing
this wake-up service is about successful people who have made it – and who suddenly have scratches on their paintwork. A little piece about crises that come suddenly. Let’s start…