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As a transaction bank, the Deutsche WertpapierService Bank AG (dwpbank) handles the securities processing for financial institutions from the savings bank and cooperative sector, but also from the private and commercial banking sector in Germany. dwpbank currently manages around 5.34 million securities accounts. [2]
Today, CashPool is Cash Group's primary competitor in Germany. However, with more than 2,500 ATMs, [2] and 29 member institutions it is significantly smaller. Norisbank GmbH, one of the current members of Cash Group, originally was a member of CashPool. It left CashPool and became a member of Cash Group after its acquisition by Deutsche Bank in ...
The BVR advises and supports its members on legal, taxation, and business management issues. The Cooperative Financial Group's institutional protection scheme is Germany's oldest deposit guarantee scheme for banks and is run by the BVR. The BVR informs its member banks on economic and political developments and publishes the “Bank-Information ...
The DWS Group (Formerly: Deutsche Asset Management) commonly referred to as DWS, is a German asset management company. It previously operated as part of Deutsche Bank until 2018 where it became a separate entity through an initial public offering on the Frankfurt Stock Exchange.
The BdB is a member of the German Banking Industry Committee that brings it together with its peers representing the other segments or "pillars" of German banking, namely the BVR for cooperative banks, the DSGV for savings banks, the VÖB mainly for public promotional banks, and VdP for specialized mortgage banks.
VÖB is the only German banking association exercising the functions of an employer association for its member institutions: the Public-Sector Banks’ Employer Association (German: Tarifgemeinschaft Öffentlicher Banken), which comprises VÖB member institutions with a total of 60,000 employees (as at financial year 2022) and which performs ...
The Economic Council (German: Wirtschaftsrat der CDU e.V.) is a major German business and lobby association representing the interests of around 12,000 members and member firms. [1] Members are drawn from all sectors of the German economy including banking and finance, insurance, the automotive and chemical industries, healthcare and high-tech.
The Central Credit Committee resolves "common statements" (decided unanimously) representing the view of the German banking industry on a topic. The statements are published thereby influencing decisions of other institutions like the Federal Financial Supervisory Authority , the Bundesbank or decision-making bodies of the European Union .