Our test shows how serious financial institutions are approaching this topic. Moreover, our clients assessed the stability of their bank. Simone Gröneweg, Euro on Sunday BSometimes emotions arise in the climate debate. While Fridays for Future activists are blocking highways in protest, some are simply denying climate issues. Last year, the Federal Constitutional Court engaged … Read more
Six times the human IT security analysts added value Division of cybersecurity work: AI and security analysts work together to provide future protection against dangerous attacks. Image Credit: ForeNova. No cyber defense can do without artificial intelligence anymore. But human observers still offer an important plus: 1. Artificial intelligence and human intelligence complement each other: … Read more
It’s typical again: from this Wednesday on, the European Central Bank (ECB) will no longer charge banks negative interest if they park their money in them for a short time. And how many banks have already announced that they will no longer charge their clients with negative interest rates? Only 52 of the approximately 455 … Read more
It’s typical again: from this Wednesday on, the European Central Bank (ECB) will no longer charge banks negative interest if they park their money in them for a short time. And how many banks have already announced that they will no longer charge their clients with negative interest rates? Only 52 of the approximately 455 … Read more
DThe European Commission is currently examining large parts of the European economy to see if they are ultimately beneficial to society or more harmful. The so-called social taxonomy, analogous to the controversial green variant, is intended to signal investors which companies serve the community and are therefore suitable for increasingly important investments by social standards … Read more
Zurich When his UBS was named, Ralph Hamers reacted indignantly: “We do not see ourselves as a European bank,” the head of a major Swiss bank recently explained to analysts. Rather, UBS is a global bank with three home markets: Switzerland, Asia and the US. Hamers is now launching a new offensive in this latter … Read more
The plans are impressive and it is no coincidence that Jean Pierre Mustier, former head of Unicredit, chose the name Pegasus for his new stock vehicle: a winged horse from Greek mythology gave the name and adorns the website, which of course also includes a reference to the successful restructuring of the largest Italian bank … Read more
Frankfurt am Main (dpa) – According to ECB supervision, the big banks in the euro area are not sufficiently prepared for the billions in climate risk and need to urgently improve. The first climate stress test conducted by the European Central Bank (ECB) showed that financial institutions do not yet sufficiently consider the financial and … Read more
The recent decision by the European Central Bank to raise interest rates in July, for the first time in eleven years, sparked all kinds of reactions: consumers suffering from high inflation wonder why the ECB has been waiting so long to raise interest rates. Others fear that more expensive loans will put pressure on the … Read more
The recent decision by the European Central Bank to raise interest rates in July, for the first time in eleven years, sparked all kinds of reactions: consumers suffering from high inflation wonder why the ECB has been waiting so long to raise interest rates. Others fear that more expensive loans will put pressure on the … Read more