Dispute over Hong Kong weighs on Asian stock exchanges

Electronic scoreboard of the Tokyo Stock Exchange At the end of the stock market week, the mood on the Asian markets has deteriorated. (Photo: AP) Tokyo New tensions between China and Hong Kong are spoiling the buying mood for Asian investors at the end of the week. In Hong Kong, the Hang Seng fell by […]

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 […]

What private investors should know about oil stocks

Düsseldorf, Frankfurt Millions of cars are standing still, air traffic has almost come to a standstill and consumption in many countries is massively restricted. This poses an unprecedented problem for the oil industry: global demand for the world’s most important energy source is falling dramatically. The International Energy Agency (IEA) is already anticipating a record […]

When the banks want to bring their employees back to the office

Home office Because of the corona virus, many bank employees do their work from home. (Photo: dpa) Dusseldorf Not only international financial groups like Credit Suisse or Goldman Sachs are thinking about how they can get their employees back to their offices after weeks in the home office. Planning for the period after the coronavirus […]

Advent and Cinven are looking for investors for Thyssen-Krupp Elevator

Frankfurt, Dusseldorf After buying the profitable elevator division from Thyssen-Krupp, the financial investors Advent and Cinven are looking for other large investors to participate in the transaction. Financial circles report that it is a matter of billions. The total volume of the transaction is 17.2 billion euros. 1.25 billion come from Thyssen-Krupp itself: With a […]

Interview with SAP boss Klein: investments and dual leadership

SAP recently lowered its forecast for the current financial year. Many customers have stopped their IT projects for the time being because of the corona crisis, the reasoned. Nevertheless, CEO Christian Klein is convinced that SAP “will emerge from the crisis stronger than before”, the 39-year-old manager told Handelsblatt. “Many company heads ask how SAP […]

UBS increases profit significantly – but corona pandemic diminishes prospects

The UBS logo at the company’s headquarters in Zurich Especially in securities trading, the traffic lights at UBS were recently green. It contributed significantly to the profit increase of 40 percent compared to the same quarter of the previous year. (Photo: Bloomberg) Zurich Thanks to a flourishing securities trading business, UBS achieved the highest quarterly […]

SNB resists appreciation of the Swiss franc

Frankfurt A holiday in Switzerland is currently out of the question. This is difficult not only for practical reasons because the border is still closed. Financially, it would also be more expensive for travelers from Germany than usual. For one euro, they are currently getting just over 1.05 Swiss francs – and almost as little […]

Antitrust lawsuit against ten major banks for manipulation

EA number of well-known major banks, including Bank of America, Credit Suisse, Goldman Sachs and Deutsche Bank, have been sued in the United States for allegedly manipulating corporate bond trading prices. A retail investor accuses the banks of having formed a cartel and restricted corporate bond trading with so-called “odd lot”, crooked quantities, for 14 […]

Ten major banks are accused of manipulation of the corporate bond market

Deutsche Bank The German money house is accused of years of manipulation. (Photo: Reuters) new York A US lawsuit accuses ten of the world’s largest banks of manipulating the corporate bond market. According to this, the money houses – including Deutsche Bank – have been asking for high prices for almost 14 years, as can […]