Tag: Savings banks
Crypto: Are Cryptocurrencies Destabilizing Our Financial System?
Cryptocurrencies such as Bitcoin have secured a permanent place in the world of finance, even with traditional banks: Only this morning there was the message that savings banks want to…
LBBW, Helaba, Deka increase offers
Berlin Hyp Deka, Helaba and LBBW are bidding for the real estate financier that belongs to the German Sparkassen. (Photo: picture alliance / Bildagentur-online / Joko) Frankfurt In the poker…
Banks: Number of cooperative banks drops to 775
Volksbank The number of cooperative banks in Germany continues to decline. There are currently 775. (Photo: action press) Frankfurt After the corona crisis slowed the pace of mergers at Volksbanks…
Germany’s second largest private bank has released funds for EPI. At a meeting of all institutes involved, a decision is now to be made as to whether the project will be implemented.
Pay by mobile phone Building a new, common European payment system would require billions in investment. (Photo: E + / Getty Images) Frankfurt The German banks are behind the development…
What does the traffic light mean for German banks?
Volksbank and Sparkasse The coalition agreement of the future governing parties provides relief for savings banks and cooperative banks. A ban on commission-based advice is not planned. (Photo: picture-alliance /…
Savings banks and Volksbanks can breathe a sigh of relief
Volksbank and Sparkasse The coalition agreement of the future governing parties provides relief for savings banks and cooperative banks. A ban on commission-based advice is not planned. (Photo: picture-alliance /…
Financial industry trembles at a commission ban
Building with shield Sparkasse Many savings banks fear for their business model if the traffic light plans for commission advice come true. (Photo: imago / blickwinkel) Frankfurt, Berlin The horror…
Berlin Hyp is expanding profit significantly – no failures due to Corona
Berlin Hyp The savings banks are considering selling the real estate financier – but only within their own group. (Photo: Bloomberg) Frankfurt The much sought-after real estate financier Berlin Hyp…
More and more banks are charging negative interest rates
A piggy bank Until now, negative interest has mostly been due for large sums. But that is also changing. (Photo: dpa) Berlin Savers currently live in the worst of all…
Hamburg Commercial switches to deposit insurance for private banks
Stefan Ermisch, CEO of Hamburg Commercial Bank The former HSH Nordbank is taking another important step in its long-term restructuring. (Photo: dpa) Frankfurt State bailouts, scandals, billions in losses for…
Sparkassen: Competition for Berlin Hyp
Frankfurt, Berlin The sale of the Sparkasse real estate financier Berlin Hyp is currently the number one topic of discussion in the public finance sector. The decision as to who…
Sparkassen: Competition for Berlin Hyp
Frankfurt, Berlin The sale of the Sparkasse real estate financier Berlin Hyp is currently the number one topic of discussion in the public finance sector. The decision as to who…
Online banks and neo brokers are particularly benefiting from the stock boom
App of the neobroker Trade Republic Neo brokers like Trade Republic and online brokers like Comdirect and ING are particularly benefiting from the securities boom in Germany. Comparatively few new…
Deka and Helaba are bidding for Berlin Hyp
Berlin Hyp The savings banks are considering selling the real estate financier – but only within their own group. (Photo: Bloomberg) Frankfurt The bidding process for real estate financier Berlin…
Deka and Helaba are bidding for BerlinHyp
BerlinHyp The savings banks are considering selling the real estate financier – but only within their own group. (Photo: Bloomberg) Frankfurt The bidding process for real estate financier BerlinHyp is…
Banks postpone decision on new EU payment system EPI
Frankfurt, Madrid The struggle to introduce a new European payment system (EPI) is dragging on. At a meeting last Tuesday, the financial institutions involved in EPI could not agree on…
Bafin orders money houses to repay bank fees
Financial supervision Bafin Following a ruling by the Federal Court of Justice, the authority calls on the financial institutions to “reimburse unjustly charged fees”. (Photo: Reuters) Frankfurt The financial regulator…
Consumer advocates: model declaratory action against savings banks
Consumer advocate Klaus Müller All fees that have been increased or newly introduced without the active consent of the consumer must be reimbursed. (Photo: dpa) Berlin The Federation of German…
Decision on European payment system at the end of 2021
Frankfurt, Paris, Rome The European banks are struggling to build a common European payment system – and in the debate around this, a decision is getting closer. The final decision…
Landesbank expects a profit for 2021
Berlin, Frankfurt The CEO of NordLB, Thomas Bürkle, can probably leave his post with a profit. “If the current positive development continues, the NordLB Group will probably achieve a positive…