– ECB headquarters in front of Frankfurt’s bank skyline The ECB’s banking supervisors are urging Europe’s credit institutions to be more cautious when assessing their default risk. – (Photo: dpa) – – – – Frankfurt The banking supervisors of the European Central Bank (ECB) are increasingly dissatisfied with the handling of major European banks with … Read more
– Several large banks have increased their risk provisioning for potentially bad loans in recent months, including the Commerzbank and several Landesbanken. But the regional banks are obviously getting through the crisis well so far. “It is always said that a large wave of insolvencies will roll on us all, and that it will hit … Read more
– European Commission in Brussels – – – Brussels The topic of sustainability may have been overshadowed by the corona crisis this year, but it has not disappeared. On the contrary: In the summer, the EU Commission for the first time defined in a generally binding manner when an investment can be described as “green” … Read more
– CFO Daniel Drummer, CEO Raffel Johnen and COO Arie Wilder (from left) In 2019, Auxmoney said it had paid out loans of around 700 million euros. – (Photo: Auxmoney) – – – – Berlin With institutional help, the credit marketplace Auxmoney wants to ensure that the demand for credit can also be met in … Read more
– Banks in Frankfurt The German financial institutions are attacking the ECB’s negative interest rate policy. But according to a Bundesbank analysis, the consequences for commercial banks are not that bad. – (Foto: picture alliance / Foto Huebner) – – – – Frankfurt German banks have been complaining about negative interest rates in the euro zone … Read more