Construction and real estate: First companies are reporting financing problems

housing According to the Ifo survey, the situation has already become threatening for the first companies involved in construction. (Photo: dpa) Dusseldorf Rising interest rates and ongoing material shortages are …

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Russia’s major bank loses control of its European subsidiary

The logo of the Russian VTB Bank The EU’s new package of sanctions also affects Russia’s second-largest bank. (Photo: Reuters) Frankfurt The German financial regulator Bafin has prohibited the major …

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Bundesbank Vice President Claudia Buch warns banks

Frankfurt Bundesbank Vice-President Claudia Buch calls on German banks to prepare even more for crises. “At the moment we are seeing increasing vulnerabilities and a declining risk awareness in the …

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Consumer advocates and the banking industry are promoting uniform supervision

Bafin In the future, the financial supervision should monitor the approximately 38,000 financial asset brokers. (Photo: Reuters) Berlin Bank associations and consumer advocates tend to have different opinions on regulatory …

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“Without a state, it is currently not possible”

Frankfurt After the financial crisis, the rules for banks were tightened significantly. The corona pandemic now shows where the new rules work and where they don’t. Bundesbank board member Joachim …

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The end of the special stage is postponed again

Munich / Frankfurt The completion of the special audit at Wirecard shifts again. “Wirecard AG was recently informed by the auditing firm KPMG that KPMG will present the results of …

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A woman’s shadow lies over SAP – Morning Briefing

Good morning dear readers, if Germany can show something with pride in the battle of the big digital corporations, it is SAP from Walldorf, the invention of five ex-IBM forces …

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How the corona crisis affects open-ended real estate funds

Erfurt Claus 2020 has big plans for 2020. The managing director of BNP Paribas REIM in Germany – the real estate investment arm of the French major bank – plans …

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