Tag: banks and financial industry
Allianz suffers from US scandal – economy
Good news looks different. Allianz had to announce on Wednesday that it had to set aside a further 1.9 billion euros because of the Structured Alpha scandal in the USA.…
Banks: The era of negative interest rates is coming to an end – Economy
Was it just a marketing gimmick or rather a signal to the entire banking industry and thus good news for savers in Germany? Possibly the latter, because ING Germany’s decision…
Sanctions: Authorities “freeze” luxury yacht Luna – Economy
The port of Hamburg is Germany’s largest seaport, but it’s still getting tight there. According to SZ information, the German authorities have now “frozen” the second oligarch yacht, the Luna,…
How the crypto bubble could burst – Economy
“Marketing at best, fraud at worst”: The financial crash of 2008 could repeat itself in the cryptocurrency market, warners from the time claim. what could happen. A mind game. essay…
Court declares Wirecard balance sheets void – economy
The Munich I Regional Court considers the Wirecard Group’s financial statements from 2017 and 2018 to be incorrect. The court declared the annual accounts as well as the dividend resolutions…
Allianz is self-confident despite a billion-dollar scandal – economy
Check it off and look ahead – this is how Allianz boss Oliver Bäte is trying to solve his biggest and most expensive problem at the moment. The “Structured Alpha”…
ESM: Who will be Europe’s top crisis helper? – Business
It’s about an unloved colossus: The European Stability Mechanism (ESM) in Luxembourg jumps in with emergency loans to euro countries if they have problems finding buyers for their bonds on…
Bafin: financial supervisory authority warns of cyber attacks due to the Ukraine war
Actually, one should celebrate the festivals as they fall. The 20th anniversary of an agency could be a given occasion. But the boss waves it off: “It’s not the right…
Deutsche Bank: Shareholder advisor criticizes “excessive” salaries. – Business
The restructuring course seemed to be taking hold, scandals are more of a thing of the past: if the annual general meeting of Deutsche Bank was comparatively quiet last year,…
Warren Buffett invites again to the shareholders’ meeting – economy
Woodstock was in Omaha again this year. More precisely: The “Woodstock for capitalists”. That’s what the financial world calls the shareholders’ meeting of Berkshire Hathaway, the investment company of the…