Tag: Private bank
Artificial intelligence: Microsoft invests in OpenAI
Good morning, dear readers, the world’s largest software company first lays off 10,000 employees and then announces billions in investments in a computer program that can imitate human-written texts in…
Profitable foreign exchange transactions and high interest margins – Ukrainian banks work “non-stop”
Vienna Despite bombing raids on a daily basis, energy supplies constantly collapsing and foreign investors having turned their backs on the country, Ukraine’s financial sector is doing relatively well. “I…
Berenberg is cutting jobs in London
Flags with the logo of the Hamburg banking house Berenberg The private bank has to cut costs because of the crisis in the capital market business. (Photo: Bloomberg) Frankfurt The…
Apollo prepares private bank OLB for IPO
Oldenburgische Landesbank OLB begins preparations for its IPO in 2023 (Photo: Oldenburgische Landesbank) Frankfurt According to financial circles, the US financial investor Apollo is starting preparations for an IPO of…