Dividend waiver at banks – LBBW postpones decision

Frankfurt, Zurich, Stuttgart Numerous banks suspend their dividend payments according to instructions from the European Central Bank (ECB). Landesbank Baden-Württemberg (LBBW) now also wants to postpone the decision on a dividend to its owners until autumn. The board decided to propose to the state of Baden-Württemberg, the Sparkassenverband and the city of Stuttgart, the largest […]

DZ Bank and Helaba postpone dividend

NAccording to information from the F.A.Z. DZ Bank, the top institution of the Volks- und Raiffeisenbanken, will not vote on the dividend at the Annual General Meeting in May, contrary to plan. Decisions on this will only be made in autumn. The Landesbank Hessen-Thüringen (Helaba) is also, according to the F.A.Z. – Contrary to the […]

More and more banks are foregoing dividends

ECB in front of the Frankfurt skyline The European Central Bank asked banks last week not to distribute profits. (Photo: Jan Huebner) Frankfurt, Zurich Numerous banks suspend their dividend payments according to instructions from the European Central Bank (ECB). The Dutch institutes ABN Amro, ING, Rabobank and the Italian UniCredit, as well as numerous smaller […]

Suspension of dividends for savings banks and Volksbanks

Sparkassen logo In addition to the savings banks, the ECB is also demanding that the Volksbanks waive dividends. (Photo: dpa) Frankfurt Financial supervision has loosened the rules for banks significantly in the wake of the corona crisis. This should enable the institutes to support companies in this difficult time. However, the authorities want to prevent […]

Savings banks and Volksbanks can continue to receive dividends

Sparkassen logo In addition to the savings banks, the ECB is also demanding that the Volksbanks waive dividends. (Photo: dpa) Frankfurt Financial supervision has loosened the rules for banks significantly in the wake of the corona crisis. This should enable the institutes to support companies in this difficult time. However, the authorities want to prevent […]

DZ Bank wants to pay despite dividend freeze

NNo German bank has responded to the request from the European banking regulator not to distribute dividends by October. Rather, according to information from the F.A.Z. As of Sunday, DZ Bank assumes that, as planned, it will pay 320 million of 1900 million euros in annual profit to its owners, around 800 Volksbanken and Raiffeisenbanken, […]

ECB recommendation: dividend block for banks

Dhe supervisors of the European Central Bank (ECB) are calling for a ban on distribution for banks in the Corona crisis with their unforeseeable economic damage. As the ECB regulator announced on Friday evening, the institutes should refrain from distributing their profits or buy back their own shares by October. ECB supervisors expect banks that […]

ECB calls on banks to suspend dividend payments

European Central Bank in Frankfurt The discussion about dividend cuts has recently gained momentum. (Photo: dpa) Frankfurt In view of the virus pandemic, the ECB’s banking supervisory authorities are asking euro area banks to forego profit distributions. Banks should not pay dividends for 2019 and 2020 at least until October 1 of this year, the […]

Investor Teleios reduces stake in Aareal Bank

Aareal Bank The activist hedge fund Teleios has reduced its stake in the real estate financer. (Photo: dpa) Frankfurt The activist investor Teleios is involved in the Aareal Bank lowered. The hedge fund has reduced its stake in the Wiesbaden real estate financier to 2.69 percent in the past few days from a good five […]

Greens demand ban on dividends for banks

Brussels The season of the general meetings begins with the spring at the banks – and with it the hour of dividends and bonuses. Several German money houses have already signaled that there should be distributions to shareholders and employees. In times of crisis, the institutes are on politically sensitive territory. The corona pandemic will […]