Tax scandal
:
Sparda banker under suspicion of cum-ex
Sparda-Bank Berlin is said to have been involved in share transactions at the expense of the tax authorities. Did the board of directors know what was going on?
from
Jan Diesteldorf, Jörg Schmitt and Nils Wischmeyer, Munich / Frankfurt
They still exist, the good banks. Institutes such as the Sparda banks, where the focus is on people, who do not gamble or carry out risky deals high up in glass towers, which still do private customer business as they did in the past: checking accounts, savings contracts, construction financing. “Sparda Bank. Your bank” is how the Berlin-based Sparda-Bank advertises itself. As part of the cooperative banking group, as one of eleven Sparda banks, its customers are also members of a cooperative. Participation as a business model, the customer as a co-creator.
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