Postbank’s IT subsidiary is to be sold
Postbank finance center Postbank Systems, which was previously responsible for Postbank’s IT, will no longer be necessary with Postbank’s IT integration into Deutsche Bank. (Photo: … Read more
banks & credit institutions
Lawsuit against auditors EY for 195 million euros in damages
EY In the course of the Cum-Ex scandal, the auditor is sued for damages amounting to millions. (Photo: Reuters) Stuttgart The press release of the … Read more
Banks call for the fight against racism
The initiative is supported by the “General Counsels”, the chief legal officers of the banks. In an open letter, you call on the “global legal … Read more
Bundesbank warns of more bankruptcies
Frankfurt German companies were noticeably affected by the consequences of the corona pandemic: The economic shutdown caused one of the biggest economic slumps since the … Read more
When the digital advisor takes care of your own finances
Frankfurt Organizing their own finances is becoming more and more complicated for consumers. Gone are the days when you just needed a savings account with … Read more
The new legislative plans on subordinated bonds are paternalistic
Investing money from your desk It is one of the lessons of the financial crisis that investors need to be adequately informed. (Photo: dpa) With … Read more
Japan’s central bank will start digital currency tests in 2021
Bank of Japan Tests for the introduction of a digital currency are to start in Japan next year. (Photo: Reuters) Japan’s central bank says it … Read more
Citigroup fined $ 400 million
Citigroup The big bank has to pay a heavy fine for various rule violations in the USA. (Photo: dpa) Washington The big bank Citigroup has … Read more
Corona crisis causes banks’ profitability to collapse
European Central Bank The economy in the currency area collapsed by almost twelve percent in the second quarter as a result of the corona crisis. … Read more
Monte Paschi outsources bad loans in the billions
Monte Paschi The oldest bank in the world was saved in 2017 with an eight billion euro government bailout. (Photo: AP) Milan The shareholders of … Read more