Search results
Results from the WOW.Com Content Network
In September 2021, the Bank for International Settlements (BIS), in collaboration with Thailand, Hong Kong, China, and the UAE, published a report regarding the second phase of the mBridge project, aiming to establish a system involving multiple CBDCs to enable faster, more cost-effective, and efficient methods for conducting cross-border ...
The BIS Innovation Hub, launched in 2019, extends the BIS mission of collaboration through digital innovation, developing technology-based public goods to support central banks and enhance the functioning of the financial system. [35] [36] The BIS Innovation Hub has officies in Hong Kong SAR, Singapore, Switzerland, London, Stockholm [37] and ...
(The other 11 banks in the top 25 were Deutsche Bank, Dresdner Bank, Bank der Deutschen Arbeit, Commerzbank, the indirectly government-owned Deutsche Verkehrs-Kredit-Bank, cooperative Deutsche Rentenbank-Kreditanstalt, Bayerische Hypotheken- und Wechsel-Bank, Deutsche Centralbodenkredit AG, part-government-owned Deutsche Industriebank and ...
The history of the Bundesbank is inextricably linked with the history of the German currency after the Second World War.Following the total destruction after the war, the old Reichsmark was practically worthless, and a currency reform was implemented in the western occupation zones including West Berlin: on 21 June 1948, the D-Mark, or Deutsche Mark, replaced the Reichsmark.
Joachim Nagel (born 31 May 1966) is a German economist who has been serving as President of the Bundesbank since 2022. [2] Before he was a senior manager of the Bank for International Settlements since 2020, having been a member of the board of the Deutsche Bundesbank from 2010 to 2016 and then a member of the board of the KfW Bankengruppe from 2017 to 2020.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
2001–2005 Rolf-Ernst Breuer (Deutsche Bank) 2005–2009 Klaus-Peter Müller (Commerzbank) 2009-2013 Andreas Schmitz (HSBC Trinkaus) 2013–2016 Jürgen Fitschen (Deutsche Bank) 2016–April 2020 and August 2020-June 2021: Hans-Walter Peters (Berenberg Bank) April-August 2020: Martin Zielke (Commerzbank) July 2021-: Christian Sewing (Deutsche ...
BERLIN (Reuters) -Germany's government announced plans to impose tighter controls at all of the country's land borders in what it called an attempt to tackle irregular migration and protect the ...