Tag: S finance group
Evaluation of customer data: cooperative banks wrestle with data protectionists
Frankfurt In view of more online banking and fewer branch visits, the cooperative banks jump on the trend towards data-driven customer contact and set up their own data company. According…
Hesse calls for more consolidation at state banks
Michael Boddenberg The Hessian Minister of Finance has angered Deutsche Bank boss Christian Sewing with praise for the regional structures of savings banks and cooperative banks. (Photo: dpa) Wiesbaden The…
The new DSGV board member Karolin Schriever wants to promote women.
Caroline Schriever The long-standing KPMG partner is the first woman to sit on the DSGV board. (Photo: KPMG) Frankfurt Karolin Schriever is a Sparkasse child – in the truest sense…
Companies are prepared for electricity and gas bottlenecks
Savings banks logo The board members of the savings banks believe that the companies are well prepared for the interest rate turnaround by the European Central Bank. (Photo: dpa) Frankfurt…
According to Sparkasse president Schleweis, the boom collapses
Helmut Schleweis The President of the German Savings Banks and Giro Association is calling for a drastic reduction in real estate transfer tax for owner-occupied residential property. (Photo: Marc-Steffen Unger…
Demand for mortgage lending collapses
Helmut Schleweis The President of the German Savings Banks and Giro Association is calling for a drastic reduction in real estate transfer tax for owner-occupied residential property. (Photo: Marc-Steffen Unger…
Demand for mortgage lending collapses
Helmut Schleweis The President of the German Savings Banks and Giro Association is calling for a drastic reduction in real estate transfer tax for owner-occupied residential property. (Photo: Marc-Steffen Unger…
Online payment service Giropay gets a new boss
Payment service Paydirekt Online trading largely bypasses the payment service of German banks. (Photo: dpa) Frankfurt Paydirekt gets a new boss. After five years at the helm, Christian von Hammel-Bonten…
Further sponsoring by savings banks only in the case of reforms
Artwork “People’s Justice” is taken down The large banner of the Indonesian artist collective Taring Padi showed two anti-Semitic figures. It was first set up, then covered up and finally…
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…
Card payments disruption: Financial regulator Bafin is investigating problems
Frankfurt The problems with card payments in Germany call the financial regulator Bafin on the scene. The authority is in close contact with the Bundesbank, the Federal Office for Information…
Volksbank and Sparkasse are opening up to cryptocurrencies
Bitcoin advertising in Japan The cryptocurrency market is currently in turmoil. (Photo: Bloomberg/Getty Images) Frankfurt The crash in the crypto market is dramatic – and it has resulted in large…
LBS Bayern and Südwest want to merge
LBS Southwest There are currently eight building societies in the public sector. (Photo: dpa) Frankfurt The two Landesbausparkassen (LBS) in Bavaria and Southwest are aiming for a merger. This was…
Decision on EPI project will be made in May – wallet planned for smartphone
Pay by smartphone Payment apps on smartphones will play a greater role in the future. The European Payment Initiative is also working on a so-called wallet solution for payment services.…
Savings banks expect to dismantle ATMs
Demolished ATM of a Sparkasse Attacks on ATMs are on the rise – and they’re getting more brutal. North Rhine-Westphalia is particularly affected. (Photo: dpa) Frankfurt The savings banks in…
NordLB boss Jörg Frischholz: sustainable profit expected
Joerg Frischholz The new NordLB boss wants to finance more renewable energies. (Photo: East German Banking Association) Frankfurt Jörg Frischholz could not have wished for a better start. After three…
Savings banks are examining bad banks for troubled state banks
Liana Buchholz The 57-year-old is traded within the Sparkassen-Finanzgruppe as a possible successor to DSGV boss Helmut Schleweis. Muenster The savings banks want to avoid having to save troubled state…
Savings banks are examining bad banks for troubled state banks
Liana Buchholz The 57-year-old is traded within the Sparkassen-Finanzgruppe as a possible successor to DSGV boss Helmut Schleweis. Muenster Even 15 years after the outbreak of the global financial crisis,…
Almost 27,000 accounts for refugees
savings banks The German savings banks have started to open large-scale accounts for Ukrainians. So far there are around 27,000. (Photo: dpa) Frankfurt The German savings banks have started to…
Savings banks see the Ukraine war as a “turning point”
Frankfurt The savings banks fear that the Ukraine war will put a heavy strain on companies and consumers in Germany. “There will be significant second and third round effects,” said…