Tag: banks and financial industry
How severely financial sanctions will hit Russia – Economy
After the Russian attack on Ukraine, the western world wants to adopt tough sanctions against the Russian financial sector. This should also include the ban on doing business with Russian…
Munich Re makes a profit – economy
The reinsurer Munich Re earned well in 2021, even more than in 2019, the year before the pandemic. But Covid-19 will keep the insurance company busy for a long time.…
“There is always criminal energy behind it” – economy
Peer Steinbrück, as finance minister, once threatened Switzerland with cavalry if the country did not relax its banking secrecy. After the revelations of the Suisse Secrets, he calls for a…
Unterschleißheim – Baader Bank increases group result – district of Munich
Baader Bank apparently increased its annual result in 2021 compared to the previous year. This emerges from preliminary figures published by the Unterschleißheim company. According to the preliminary publication, the…
Suisse Secrets: Sharp criticism from Switzerland – economy
Jörg Gasser, the head of the Swiss Bankers Association, has sharply criticized the Suisse Secrets research. The reports by the research association about the SZ are “inaccurate and one-sided,” Gasser…
Suisse Secrets: Switzerland’s deceptive self-image – Opinion
Switzerland and its financial center – that was a love story for a long time. At the expense of third parties. Bank secrecy in its old form is dead, but…
Suisse Secrets: How Switzerland reacts to the revelations – economy
How many negative headlines can you actually formulate? At Credit Suisse, number two in the Swiss financial center, business journalists have recently been able to demonstrate their skills on an…
Swiss Secrets: "Why are there actually no boycott actions against Amazon or Google?"
Historian Korinna Schönhärl says people have been trying to avoid taxes since ancient times – and she has tips on how to improve payment practices. source site
Hurricane “Zeynep” costs insurers almost a billion – economy
The storm Zeynep cost the lives of at least nine people in Europe and caused insured losses of more than 900 million euros in Germany alone. That’s what the actuaries…
Allianz: The main thing is that the dividend is right – economy
At least 3.7 billion euros cost the alliance of the Structured Alpha scandal in the United States. Investors had sued the insurance company for around six billion dollars, the US…