The ‘bargain’ of fixed mortgages at 1% is over. The Euribor is trading higher again (-0.335% in February compared to -0.477% in January), spurred on by the possibility that the European Central Bank will raise interest rates to contain inflation in the eurozone. Faced with this new scenario, banks have made a 180-degree turn in … Read more
The Frankfurt bank towers European banks are once again finding the goodwill of analysts and investors. Despite progress, Deutsche Bank and Commerzbank are not among the favourites. (Photo: dpa) Frankfurt After gloomy years, Europe’s banks are slowly but surely heading towards better times. This expectation is already reflected in the stock markets. It could be … Read more
Frankfurt The British neobank Revolut is growing rapidly. She puts the number of her customers at 18 million, around 70 percent of them in the EU and half a million in Germany. The central offer of the finance start-up (Fintech) Revolut is a finance app. But only now is the company known as “Neobank” or … Read more