Tag: financial industry
Where the ECB sees the biggest risks from the big banks
As of: December 19, 2023 3:38 p.m Europe’s banking groups are currently doing well – but are exposed to growing risks. According to the ECB, they are not sufficiently prepared…
How financial advisors’ electronic customer capture works
As of: December 8th, 2023 1:31 p.m Bank computer problems can quickly become a nuisance for customers. They usually don’t realize how much institutes and financiers are already using IT…
China’s banks support Russia with billions
Status: 09/04/2023 11:19 am After the Russian attack on Ukraine, numerous western banks left Russia. Financial institutions from China have filled this gap: They have quadrupled their commitment. While Western…
Real estate crisis in China threatens to reach financial sector
Status: 08/16/2023 3:59 p.m The real estate crisis in China is apparently spreading to the financial sector. A leading provider of trust funds, which real estate developers have relied on…
Are banks underestimating climate change?
As of: 07/05/2023 7:34 p.m The Bundesbank criticizes that German financial institutions do not deal enough with the dangers of global warming. A “climate stress test” for the industry shows…
Deutsche Bank wants to cut more jobs after making billions
As of: 04/27/2023 8:23 a.m Germany’s largest money house has surprisingly brought in billions in profit. In order to drive profits further up, Deutsche Bank now wants to cut costs…
Financial sector – banks control Schufa – economy
The cooperative banks and savings banks are on target with Schufa: the majority of the Wiesbaden credit agency is in the hands of the two banking associations. The cooperative banks…
Essay: Clean up in the financial sector – economy
Neo-brokers like Trade Republic are putting pressure on the traditional banks, which have been robbing their customers for decades. But the regulators now seem to be rushing to help. Is…