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Heiner Herkenhoff is the new Chief Executive of the Association of German Banks. The association’s Board of Directors named 60-year-old Herkenhoff as successor to Christian Ossig, who had to resign from the position for personal reasons. Heiner Herkenhoff has been Head of Public Affairs at Commerzba

Association of German Banks appoints Heiner Herkenhoff as new Chief Executive

Banks are the beating heart of our economy

The Council of the European Union agreed today on a position regarding the EU banking package. The package represents a profound overhaul of banking supervision requirements, the focus of which is the final implementation of Basel III; it will place a significant burden on the European banking indus

Banking package: EU Council of Ministers provides constructive stimulus for challenging legislative process

The European Commission has begun its review of the Revised Payment Services Directive (PSD2). In a position paper, the German banking associations advocate maintaining stability in the regulatory environment for payments in the coming years.

German Banking Industry Committee calls for more space for innovation in payments services

The European Parliament’s rapporteur, Jonás Fernández (S&amp;D), has today released his draft report on the European Commission’s legislative proposal for implementing Basel III in the EU (known as the EU banking package).

EU banking package: German banks warn of adverse consequences for the economy

This means protection limits will be geared to the needs of depositors. For 98 percent of retail savers, nothing will change – their deposits will continue to be fully protected.

German private banks adopt extensive reform of deposit protection

The Hamburg Commercial Bank (HCOB) will become a full member of the Association of German Banks on 1 January 2022 and will switch to the voluntary Deposit Protection Fund of German private banks. This was decided by the Board of Directors of the banking association at a meeting in Brussels today.

Hamburg Commercial Bank to join the Deposit Protection Fund

In a policy paper, the German Banking Industry Committee (GBIC) for the first time sets out detailed thoughts on the design of a “digital euro”. In this paper, experts from Germany’s five national banking associations draw up an ecosystem of innovative forms of money that extends far beyond the idea of digitalised central bank money, which is referred to as Central Bank Digital Currency (CBDC).

German Banking Industry Committee: Policy paper on “digital euro”

The German Federal Financial Supervisory Authority (BaFin) determined on 16 March 2021 that a payout event pursuant to Section 10(1) of the German Deposit Guarantee Act (EinSiG) had occurred at Greensill Bank AG since the bank is unable to repay the deposits it holds due to its financial difficulties.

Thomas Schlüter

Artikel von Thomas Schlüter

Association of German Banks appoints Heiner Herkenhoff as new Chief ...

Banks are the beating heart of our economy

Banking package: EU Council of Ministers provides constructive stimulus ...

German Banking Industry Committee calls for more space for innovation ...

EU banking package: German banks warn of adverse consequences for the ...

German private banks adopt extensive reform of deposit protection

Hamburg Commercial Bank to join the Deposit Protection Fund

German Banking Industry Committee: Policy paper on “digital euro”

Greensill Bank AG – payout event determined by BaFin