China tightens regulation of online loans
Chinese banks The share of online lending business cannot exceed half of the total business of Chinese banks from mid-2022. (Photo: AP) Peking China is … Read more
Banking supervision
Bafin has balance sheets checked – share collapses
K + S According to the announcement, the board of directors assumes that it will be able to refute the Bafin’s evidence. (Photo: dpa) Kassel … Read more
Wirecard: Bafin contradicts Munich public prosecutor’s office
Frankfurt, Düsseldorf When processing the WirecardScandals, the Munich public prosecutor’s office came into the focus of the Bundestag’s investigative committee. The question is what influence … Read more
234 banks charge negative interest for private accounts
Frankfurt skyline More and more banks are demanding negative interest rates from new customers. (Photo: www.imago-images.de) Frankfurt Negative interest rates for new customers are noticeably … Read more
Savers will have to live longer with zero interest rates
Manfred Knof The new head of Commerzbank wants to be in the black again this year. (Photo: dpa) Berlin The new CommerzbankCEO Manfred Knof does … Read more
A European banking union for international financial institutions would have many advantages
The author Axel Weber is Chairman of the Board of Directors of UBS Group AG. (Foto: Bloomberg [M]) Now that Brexit has been finally resolved, the … Read more
The new boss should speak German and have charisma
Berlin, Frankfurt The Ministry of Finance is looking for a candidate with charisma to head the Bafin Financial Supervisory Authority. “International experience and knowledge of … Read more
German banks are more restrictive of their loans
Frankfurt skyline Banks are demanding higher margins and more collateral from their corporate customers. (Photo: dpa) Frankfurt The second wave of pandemics makes it difficult … Read more
Aareal Bank’s higher risk provisions are pushing it into the red
Aareal Bank The bank has to look back on a bad Corona year. (Photo: dpa) Frankfurt Specialized in the financing of hotels and offices Aareal … Read more
After the Wirecard scandal, the EU wants to create more transparency
European Commission in Brussels The EU paper particularly criticizes the Federal Financial Supervisory Authority (BaFin). (Photo: dpa) Brussels After the multi-billion dollar fraud scandal involving … Read more