Tag: NorthLB

Plant for green hydrogen put into operation

Hydrogen plant in Wunsiedel Siemens wants to expand its hydrogen business. Munich Siemens has commissioned one of the largest production plants for green hydrogen in Germany. The plant in Wunsiedel,…

Investors can invest in the new fund

Frankfurt Professional investors can now participate in a new hydrogen fund called Senco Hydrogen Impact Fund. Behind the project are former bank managers, investment experts and engineers from Germany. Matthias…

Investors can invest in the new fund

Frankfurt Professional investors can now participate in a new hydrogen fund called Senco Hydrogen Impact Fund. Behind the project are former bank managers, investment experts and engineers from Germany. Matthias…

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…

Bundesbank: Executive Board warns Germany’s banks

Frankfurt New problems are coming to Germany’s banks. The Bundesbank is urging German financial institutions to exercise caution in view of the high inflation rates, the turnaround in interest rates…

Bundesbank: Executive Board warns Germany’s banks

Frankfurt New problems are coming to Germany’s banks. The Bundesbank is urging German financial institutions to exercise caution in view of the high inflation rates, the turnaround in interest rates…

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…

NordLB is probably slipping into the red

Frankfurt Norddeutsche Landesbank (NordLB) started the new year with a loss, reports Reuters, citing insiders. From January to March, the loss before taxes at the Landesbank was around 120 million…

How far will yields go?

Federal eagle in the Bundestag Bund yields have risen significantly. (Photo: action press) Frankfurt The bond markets are in turmoil. “There has never been such a strong increase in yields…

Experts expect a maximum of 16,200 points

stock chart The Dax is still around 15 percent from its all-time high achieved in November 2021. (Photo: Taxi Japan/Getty Images) Frankfurt The good news first: Despite all the uncertainties…

Almost 6000 euros profit per new car

Expensive bestseller Luxury cars like the Mercedes G-Class are sold out for years. Munich The more cars that are sold, the better. Almost all vehicle manufacturers followed this logic for…

More money and more home office

Frankfurt banking skyline The Verdi union has agreed on a new collective agreement with state and development banks and some savings banks. There is more money and agreements to work…