Sparda-Bank under suspicion of cum-ex – economy

Tax scandal

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Sparda banker under suspicion of cum-ex

Sparda-Bank corporate logo on the corporate headquarters in Berlin Storkower Strasse *** Sparda Bank corporate logo on t

On the outside, better good than glamorous: The headquarters of the Berlin Sparda-Bank.

(Photo: imago images / STPP)

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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