Which loans are allowed to suspend payments

Own home in Ludwigsburg In the case of real estate loans, consumers can currently arrange for interest and principal payments to be suspended. (Photo: obs) Berlin Much help in the corona crisis comes directly from the federal government. In the case of special measures to relieve the consumer, the banking industry was made responsible. What […]

How Bafin boss Felix Hufeld justifies himself

Berlin, Frankfurt Felix Hufeld was more important for the finance politicians this Wednesday afternoon than the Chancellor. The hearing of the Bafin chief in the finance committee should actually end by 1 p.m. at the latest, since then Angela Merkel (CDU) commented on the German EU Council Presidency in plenary. However, from the point of […]

Wirecard is expected to be sold in individual parts

Wirecard So far, apart from the parent company from Aschheim near Munich, hardly any subsidiaries have gone bankrupt. (Photo: Reuters) Frankfurt At least for parts of the insolvent payment processor Wirecard there are interested parties. “A large number of investors from all over the world have already registered who are interested in acquiring the core […]

Wirecard is expected to be sold in individual parts

Wirecard So far, apart from the parent company from Aschheim near Munich, hardly any subsidiaries have gone bankrupt. (Photo: Reuters) Frankfurt At least for parts of the insolvent payment processor Wirecard there are interested parties. “A large number of investors from all over the world have already registered who are interested in acquiring the core […]

Top managers of Deutsche Bank should forego salary

Frankfurt Deutsche Bank boss Christian Sewing has a new mantra: “This time we are part of the solution.” Unlike the financial crisis, the bank should not be a burden but a blessing for society during the pandemic. Sewing apparently sees the corona crisis as an opportunity to repair the battered image of the money house. […]

Credit Suisse & Co. reach for fortune from Luckin-Coffee-Chef

Luckin Coffee A court hearing to liquidate Charles Zhengyao Lu’s private company is scheduled for June 8. (Photo: Reuters) Hong Kong The lending banks are taking action against the chairman of the Chinese coffeehouse chain Luckin Coffee. The institutions represented by Credit Suisse have initiated legal proceedings to liquidate Charles Zhengyao Lu’s private company, according […]

The first savings banks worked with interest rate platforms

Hamburger Sparkasse The institute cooperates with the Deposit Solutions interest platform. (Photo: imago images / Waldmüller) Frankfurt Hamburger Sparkasse (Haspa) has recently started cooperating with the Deposit Solutions interest platform. Some customers of the largest German savings bank can invest money with other banks via the “Haspa interest rate guides”. This is about time deposit […]

“The question of state aid does not arise”

Frankfurt Deutsche Bank is still at the very beginning of the corona crisis. The feared wave of bad loans has not yet reached the largest domestic money house. But CEO Christian Sewing makes it clear that the bank wants to get through the pandemic without state aid. “Thanks to our strategic realignment coupled with the […]

British central bank chief does not rule out negative key interest rates

Andrew Bailey According to the head of the British Central Bank, negative key interest rates are in principle not excluded. (Photo: Bloomberg) London The British central bank does not take any monetary policy option off the table in the corona crisis. In principle, negative key interest rates are also not excluded, as central bank chief […]

Investors refuse to buy back shares from Deutsche Bank

Annual General Meeting of Deutsche Bank 2019 There will not be that much closeness between CEO Christian Sewing (left) and Supervisory Board boss Paul Achleitner at this year’s online general meeting of Deutsche Bank. (Photo: dpa) Frankfurt Lots of questions, little folklore – measured by the usual drama, the online general meeting of Deutsche Bank […]