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BayernLB
Bayerische Landesbank, also known as BayernLB, is a publicly regulated bank based in Munich, Germany and one of the six Landesbanken. It is 75% owned by the Free State of Bavaria (indirectly via BayernLB Holding AG) and 25% owned by the ''Sparkassenverband Bayern'', the umbrella organization of Bavarian Sparkasse (Germany), Sparkassen. With a balance of €285,70 billion and 7,703 employees (in the group; 3,343 in the bank itself), it is the seventh-largest financial institution in Germany. BayernLB has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. Main business activities As a commercial bank, BayernLB Group offers private and commercial customers a universal range of services in private, industrial, investment and foreign business. This includes loans, securities trading and asset management, as well as mid-term and long-term bond ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hypo Alpe-Adria-Bank International
Heta Asset Resolution A.G. is a " bad bank" that was the residual asset of the original Hypo Alpe-Adria-Bank International A.G., which was dismantled in 2014. It was owned by the Government of Austria. The bad bank contained the leasing subsidiary of former Hypo Alpe-Adria-Bank Group in Austria, Italy, Bulgaria, Serbia, Montenegro and North Macedonia but not in Bosnia and Herzegovina, Croatia and Slovenia, which were transferred to the "good bank". In the past Hypo Alpe-Adria-Bank International was also active in Austria, Germany, Italy, Bulgaria, Hungary and Ukraine. However, due to the European debt crisis, the group was split into HBI-Bundesholding AG (consisting of the subsidiary Hypo Alpe-Adria-Bank S.p.A.; Italy), the Balkan banks ( Hypo Group Alpe Adria AG; now Addiko Bank) and a bad bank, Heta Asset Resolution AG (ex-Hypo Alpe-Adria-Bank International AG) in 2014. The leasing subsidiaries of the former Hypo Alpe-Adria-Bank International in Italy, Bulgaria, Serbia, Mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sparkasse (Germany)
The ''Sparkassen-Finanzgruppe'' ("Savings Banks Financial Group") is a network of public banks that together form the largest financial services group in Germany and Europe by assets. Its name refers to local government-controlled savings banks that are known in German as , plural . Its activity is overwhelmingly located in Germany. History The , established in Hamburg in 1778, is widely viewed as the first modern savings bank. Other accounts emphasize the significance of the savings bank of Göttingen, founded in 1801, which was the first established with a municipal guarantor whereas earlier foundations had been initiated by merchants, clerics or academics (Hamburg later created its own municipal savings banks in 1827). In 1838, the Kingdom of Prussia adopted the first savings banks legislation (), which unified the legal status of the 234 savings banks then existing under its jurisdiction and put them under the regime of the respective local governments; it served as a model ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Landesbank
In German-speaking jurisdictions, ''Landesbank'' (plural ), , refers to a category of public sector banks that are owned by one or more of the ''Länder'' ( federated internally self-governing states). Institutions of this type exist in most German states, as well as Austria and Switzerland. Austria-Hungary In the Austro-Hungarian Empire under the rule of the Habsburg monarchy, were government-sponsored banks established in some of the kingdoms and lands of the crown: * '' Landesbank des Königreichs Galizien und Lodomerien mit dem Grossherzogtum Krakau'', est. 1883 in Lemberg (now Lviv) for the Kingdom of Galicia and Lodomeria and the Grand Duchy of Kraków * '' Landesbank des Königreiches Böhmen'', est. 1890 in Prague for the Kingdom of Bohemia * '' Landesbank für Bosnien und Herzegowina'', est. 1895 in Sarajevo for Bosnia and Herzegovina under Austro-Hungarian rule * ''Bukowinaer Landesbank'', est. 1905 in Czernowitz (now Chernivtsi) for the Duchy of Bukovina * '' Kr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Kreditbank
Deutsche Kreditbank (DKB) is the second-largest direct bank in Germany with 5.8 million customers, fully owned by Bayerische Landesbank. In 2018 the company, with its parent company, ranked 7th on the list of the biggest banks in Germany. The bank is located in Berlin and its infrastructure consists of a small number of branches. The focus on a selected group of customers including retail clients, business clients, and public clients are part of the bank's corporate. History Deutsche Kreditbank was founded on March 19, 1990 as the first private bank in East Germany, and was set up as a stock corporation. One of the founders was Edgar Most, the last vice president of the Staatsbank (State Bank of the GDR). The share capital was held by the Staatsbank of the GDR, the ''Verband deutscher Konsumgenossenschaften'', the '' Interhotels'', the nationally owned ''Centrum Warenhaus'', and ''VEB Synthesewerk Schwarzheide''. On 1 April 1990, the bank began operations in the GDR with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Bank
A public bank is a bank, a financial institution, in which a State (polity), state, municipality, or public actors are the owners. It is an enterprise under government control.Banque publique : une entreprise bancaire qui dépend de l'État - ComprendreChoisir.com Prominent among current public banking models are the Bank of North Dakota, the Sparkassen-Finanzgruppe in Germany, and many nations' Postal savings system, postal bank systems. Public or 'state-owned' banks proliferated globally in the late 19th and early 20th centuries as vital agents of industrialisation in capitalist and socialist countries alike; as late as 2012, state banks still owned and controlled up to 25 per cent of total global banking assets. Proponents of public banking argue that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Districts Of Germany
In 13 German states, the primary administrative subdivision higher than a '' Gemeinde'' (municipality) is the () or (). Most major cities in Germany are not part of any ''Kreis'', but instead combine the functions of a municipality and a ''Kreis''; such a city is referred to as a () or (). ''(Land-)Kreise'' stand at an intermediate level of administration between each state () and the municipalities () within it. These correspond to level-3 administrative units in the Nomenclature of Territorial Units for Statistics (NUTS 3). Previously, the similar title Imperial Circle () referred to groups of states in the Holy Roman Empire. The related term was used for similar administrative divisions in some German territories until the 19th century. Types of districts The majority of German districts are "rural districts" (German: , ), of which there are 294 . Cities with more than 100,000 inhabitants (and smaller towns in some states) do not usually belong to a district, b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bavaria State Election, 2008
The 2008 Bavarian state election was held on 28 September 2008 to elect the members of the Landtag of Bavaria. The result was a historic defeat for the Christian Social Union (CSU), which had governed with a majority uninterrupted since 1962, and had won over 60% of the vote in the 2003 election. Despite polling suggesting that the party would retain its majority with losses, it suffered a 17% swing and came up two seats short of a majority, its worst result since 1954. Minister-President and CSU leader Günther Beckstein subsequently resigned from both posts, and the Landtag elected Horst Seehofer as his successor after the CSU and Free Democratic Party (FDP) came to a coalition agreement. The Free Voters of Bavaria entered the Landtag for the first time with 10% of the vote; the FDP also won seats for the first time in 14 years. The Left competed in its first Bavarian election, recording a modest result of 4.3%, but failing to win any seats. Parties The table below lists p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs", "economy" or "economic affairs". The position of the finance minister might be named for this portfolio, but it may also have some other name, like "Treasurer" or, in the United Kingdom, "Chancellor of the Exchequer". The duties of a finance minister differ between countries. Typically, they encompass one or more of government finances, economic policy and/or financial regulation, but there are significant differences between countries: * in some countries the finance minister might also have oversight of monetary policy (while in other countries that is the responsibility of an independent central bank); * in some countries the finance mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erwin Huber
Erwin Huber (born 26 July 1946) is a German politician. He was chairman of the Christian Social Union (CSU) from 2007 to 2008. Early life Erwin Huber was born in Reisbach in the district of Dingolfing-Landau, Bavaria. He attended elementary school in Reisbach and a secondary modern in Dingolfing. His first professional job was at the Bavarian administration of the finances in 1963. After several jobs in the financial sector, he entered the Bavarian State Ministry of Finance in 1970. During this period he studied Economics at the University of Munich. Political career Huber was elected to the Landtag of Bavaria in 1978 and from 1988 to 1994 was Secretary-General of the Christian Social Union. He entered the Bavarian state government in 1994 and has served as Director of the Bavarian State Chancellery (1993–1994 and 1998–2005), Minister of State for Finance (1994–1998) and Minister of State for Federal Matters and Administrative Reform (2003–2005). In 2005, he was app ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
