banks

Commerzbank CEO Bettina Orlopp is taking decisive action on improving the cost-income ratio, in the fight to fend off UniCredit. She has gained employee approval to cut 3,900 jobs.

BNP Paribas Real Estate expects rental prices for top quality Frankfurt office space to rise in 2025. But new development projects remain constrained by restrictive bank lending.

BaFin is easing the regulatory burden on small banks by clarifying the rules, as well as providing simplification in some areas, Chief Executive Director Banking Supervision Raimund Röseler explains in an interview with Börsen-Zeitung.

Thin net interest margins are evidently burdening China's banks. And problems with bad loans might not be fully showing up in official figures.

Germany's commercial banks have called on the government to introduce extensive reforms to get the economy moving again. And they are pressing for a postponement to the introduction of Basel III.

Germany's private banks are calling on regulators to comprehensively revise the requirements for securitisations – including with regard to risk weighting and transparency requirements.

CSRD reporting poses a massive problem for banks, says Marco Lenhardt, Partner at KPMG. But time is of the essence. The institutes have to deliver by the end of the year.

Commerzbank has to search for a new board member yet again. After less than three years, Jörg Oliveri del Castillo-Schulz, responsible for IT and Operations, is stepping down.

Commerzbank seeks to reinvent itself and reduce its dependence on interest margins. But investors remain unconvinced.

Banks are facing more and more professional cyberattacks, says IT expert Thomas Schumacher. The brazenness of the perpetrators is also increasing. In the USA, a hacker group recently reported a bank it had attacked to the SEC for allegedly not reporting the incident.

Savings banks subject to public law are finding it difficult to position themselves with regard to the growing right-wing spectrum.

While banks in France, Spain, and Italy experienced a significant number of closures years ago, the consolidation trend in Germany started later. Currently, the reduction of banks in Germany is more substantial than in the entire Eurozone.