Banking regulation
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US banks are in a league of their own
After passing new stress tests, Goldman and J.P. Morgan are increasing dividends and share buybacks. European banks can only dream of the amounts involved.
„Geopolitics is becoming an increasing concern for the savings banks“
Increasing geopolitical upheavals are also a concern for the savings banks. In the event of a crisis or war, a substantial proportion of the workforce could be tied up in civil defence or the military, says Rhineland-Palatinate Savings Banks Association President Thomas Hirsch.