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DZ Bank
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Summary
location iconFrankfurt, Germany
website
company sizeCompany size: 1001-5000

DZ BANK AG is the second largest bank in Germany. It is the central institution in the cooperative financial network and serves approx. 900 cooperative banks (and their 11,000 branch offices), each of which is a stakeholder in DZ BANK AG and which together own the majority stake. As “DZ BANK. Die Initiativbank”, it is also active as a corporate bank and is the holding company for the specialised service providers in the DZ BANK Group: Bausparkasse Schwäbisch Hall (building society), DZ HYP (real estate and public sector financing), DZ PRIVATBANK, R+V Versicherung (insurance company), TeamBank (consumer finance), Union Investment Group (asset management), VR Smart Finanz and various other specialised institutions. With its extensive range of financial products and services, the DZ BANK Group supports the local cooperative banks in Retail Banking, Corporate Banking, Capital Markets and Transaction Banking.

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DZ Bank - Recent News & Articles

Fitch cuts China's foreign currency rating on rising debt, weakening finances

Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt. The latest U.S. r...

Source: Reuters

JPMorgan becomes the first Wall Street bank to forecast a US recession following Trump's tariffs

JPMorgan believes the US economy will enter a recession in the back half of 2025 as the impact of President Trump tariffs takes hold in the economy. The firm's chief US economist Michael Feroli sees a...

Source: Yahoo Finance

Dow Opens Sharply Lower, Bonds Rally After China Retaliates Against Trump Tariffs

China lashed back at President Trump’s tariffs, applying 34% levies on all imported goods from the U.S. Beijing said the levies would come into effect next Thursday, the day after a big part of Trump’...

Source: Wall Street Journal

FinTech IPO Index Plunges 11.7% Amid Broad-Based Market Rout

There was nowhere to run this week for investors seeking to escape a market rout that came on like a tidal wave, crashing down Thursday. Tariffs, of course, dominated, and once they were real, as of W...

Source: PYMTS

European shares plummet after China slaps retaliatory tariffs on U.S.; Defense stocks fall as NATO chief touts regional security splurge

European stock markets continued to tumble on Friday, with investors still reeling from the scale of U.S. tariffs announced this week. The regional Stoxx 600 index was down 4.4% at 1:04 p.m. in London...

Source: CNBC

HEDGE FLOW Hedge funds rush to cut Asia exposure ahead of US tariff announcement

Hedge funds dumped stocks and lowered leveraged positions in Asian markets last week, data from Morgan Stanley shows, pointing to their defensive stance before U.S. President Donald Trump's announceme...

Source: Reuters

Stablecoin operator Circle files for IPO as revenues jump to $1.7bn

Circle Internet, the US group behind the world’s second-largest stablecoin, has filed to list in New York, the first major cryptocurrency company to try for an initial public offering since President ...

Source: Financial Times

Australia central bank highlights global risks as it keeps rates steady at 4.1%

Inflation has stayed within the bank’s target range since August 2024, and prompted the RBA to cut rates in February. The central bank said it was “cautious” about its outlook, pointing out that recen...

Source: CNBC

The CFPB was on the brink of shutdown. Here’s what a judge’s temporary stay means for borrowers and consumers.

A federal judge is ordering the Trump administration to keep the lights on at the Consumer Financial Protection Bureau with an injunction that maintains the regulator’s operations and workforce — at l...

Source: MarketWatch

US stocks tumble as consumer gloom raises stagflation fears

Americans express rising alarm over economy and job prospects as Trump’s tariffs weigh on outlook. Wall Street stocks dropped on Friday as signs of strain among American consumers added to worries the...

Source: Financial Times