Tag: Savings banks
Banks are desperate for staff
Frankfurt financial district The biggest bottlenecks are in finance and accounting. (Photo: Marc-Steffen Unger for Handelsblatt) Frankfurt German banks are facing enormous challenges. The most pressing problem for many financial…
LBBW no longer describes itself as “climate neutral”
Landesbank Baden-Wuerttemberg LBBW no longer describes itself as climate-neutral. (Photo: dpa) Frankfurt Landesbank Baden-Württemberg (LBBW) no longer claims to be “climate neutral”. LBBW refrained from such wording in the latest…
Helaba increases risk provisions due to growing uncertainty
New construction by Helaba Landesbank Hessen-Thüringen is one of the major real estate financiers. She is planning a new skyscraper in Frankfurt. The “Central Business Tower” is to be 205…
Many bank accounts for refugees from Ukraine
Hamburger Sparkasse ATMs Refugees from the Ukraine have by far the most current accounts with the savings banks – now almost 300,000. (Photo: Daniel Bockwoldt/dpa) Frankfurt The majority of account…
17 BayernLB employees earned more than one million euros in 2021
BayernLB headquarters in Munich The Bavarian Landesbank significantly increased its profits last year. (Photo: imago stock&people) In the BayernLB Group, at least 17 employees received total remuneration of more than…
Germans increasingly lack the money to save
Savings bank branch The deposit growth of the savings banks nationwide fell drastically in the first half of 2022. While there was an additional 25 billion in the previous year,…
Germans increasingly lack the money to save
Savings bank branch The deposit growth of the savings banks nationwide fell drastically in the first half of 2022. While there was an additional 25 billion in the previous year,…
Germans lack the money to save
Savings bank branch The deposit growth of the savings banks nationwide fell drastically in the first half of 2022. While there was an additional 25 billion in the previous year,…
Home Buying: Run on Home Loans
Detached house with solar system If you want to build a new house today, you have to spend significantly more money than you did a year ago. (Photo: imago images/blickwinkel)…
Home Buying: Run on Home Loans
Detached house with solar system If you want to build a new house today, you have to spend significantly more money than you did a year ago. (Photo: imago images/blickwinkel)…
Home Buying: Run on Home Loans
Detached house with solar system If you want to build a new house today, you have to spend significantly more money than you did a year ago. (Photo: imago images/blickwinkel)…
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.…
State banks and their controllers in politics betray the taxpayers
What we haven’t been through with the German state banks. For a long time they were a figurehead, as they promoted German medium-sized companies with loans that private banks were…
Volksbanks postpone shutdown by a few months
People’s Bank and Savings Bank The Volks- und Raiffeisenbanken are postponing the deactivation of the SMS tan until the end of September. Even with some savings banks, the replacement takes…
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…
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…
BayernLB feels the slowdown in real estate financing
BayernLB Due to the consequences of the Ukraine war and the high inflation, the Münchener Landesbank is currently exchanging information with its corporate customers “more intensively than ever before”. (Photo:…
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…
The project should be ended
Flags in front of the EU Commission in Brussels Germany rejects joint liability for savings deposits. (Photo: dpa) The dispute over the introduction of a European deposit insurance (Edis) has…