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 …

Read more

“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 …

Read more

Hamburg demands taxes from M.M. Warburg back

Cologne So now: The Hamburg financial administration is taking action at the private bank M.M. Warburg through. For the years 2007 to 2009, the tax authorities require repayments of 160 …

Read more

Ten major banks are accused of manipulation of the corporate bond market

Deutsche Bank The German money house is accused of years of manipulation. (Photo: Reuters) new York A US lawsuit accuses ten of the world’s largest banks of manipulating the corporate …

Read more

ECB is working on a bad bank

In the corona crisis, governments and banks and their supervisors do everything they can to enable companies to survive: States take on financial guarantees, partially relax the conditions for lending …

Read more

According to Nicastro, Italian companies need even more money

Rome Italy is deeply in crisis: the country that is most severely affected by the corona virus in Europe with more than 23,000 deaths is experiencing a hard recession due …

Read more

ECB supervision decides further relief for banks

Frankfurt skyline 115 financial institutions, including Commerzbank and Deutsche Bank, are currently monitored by the ECB’s banking supervision. (Photo: dpa) Frankfurt The ECB’s banking supervisory authorities are making further relief …

Read more

Goldman Sachs and Bank of America halved profits

Bank of America Bank of America suffered a slump in profits due to high provisions for bad loans. (Photo: AP) new York The profit of the US investment bank Goldman …

Read more