Germany

A simple plan

Changes to capital gains tax and the spectre of counterparty risk have done no favours for the German structured products market in the latter half of 2008. But with a level tax landscape due in 2009 and a move towards simple structures, Berenberg Bank…

The niche hunter

Retail investors in Germany have acquired a taste for sophisticated structured products amid a highly developed and long-established domestic market. But with so many alternative asset classes yet to be tapped, MPC Capital sees unique investment…

Raising the standard

The German insurance industry is actively pushing forward the discussion on the standard model within the scope of Solvency II

Filling the ratings void

Unlike bond investors, structured products investors lack the benefit of industry-standard risk ratings. But with investors, IFAs and distributors all demanding change, Germany's investment banking industry, analytic firms and ratings agencies across…

German banks get to grips with a new lending reality

Removal of state guarantees and pressure from shareholders for better returns means German banks can no longer churn out uneconomically priced loans to clients. Now they are starting to introduce sophisticated loan pricing systems, writes Duncan Wood

The misdirected directive?

Germany's financial regulator, BaFin, tried to steal a march on its European rivals by implementing a new directive that should open the door to asset managers investing in new products and using over-the-counter derivatives. But did it get it wrong?

German banks plan op loss data consortium

A number of German public-sector banks will start pooling operational loss data next year, in a bid to create an op risk loss database that could, they say, eventually include banks from other European countries.

Framework developed for German banks

BONN, GERMANY - Many of Germany's banks have been somewhat slow to prepare their operational risk management framework for the new international bank capital accord, Basel II, and the prospective European Union (EU) Capital Adequacy Directive (Cad).

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