Hints and tips:
...“At over 20,000 pages, the sheer size of Mifid II shows that it is mired in details and goes far too far,” Michael Kemmer, General Manager of the German banking association, said in Frankfurt....
...At a press conference in Frankfurt, Michael Kemmer, head of Germany’s BdB banking association, which represents the likes of Deutsche Bank and Commerzbank, said that, “as a last resort”, Europe should simply...
...German politicians have been less proactive, and Michael Kemmer, head of the Association of German Banks, which represents the country’s biggest lenders such as Deutsche Bank and Commerzbank, said this needed...
...Michael Kemmer, head of the association of German banks, said that it was up to individual banks to decide how to deal with the interest rate environment, but that he did not expect that “private clients...
...Michael Kemmer, head of the association of German banks, said last week he did not think that Raiffeisen Gmund am Tegernsee’s move would mean that “private clients across the board will have to pay for deposits...
...Michael Kemmer, chief executive of the German bankers’ association, warned that easy money could generate a “noticeably increased risk of asset price bubbles”....
...Michael Kemmer, chief executive of the BDB association of non-state banks said the economic impact of the rate cut “is negligible”....
...Michael Kemmer, now general manager of Germany’s association of private banks and BayernLB’s chief executive from 2008 to 2009, will pay €20,000 to resolve the case....
...The effects of QE would be “marginal”, said Michael Kemmer, chief executive of the German Bankers Association, but there would be a “noticeably increased risk of asset price bubbles, of mistaken risk assessments...
...The largest payment, of €20,000, will be paid by Michael Kemmer, now general manager of Germany’s association of private banks and BayernLB’s chief executive from 2008 to 2009....
...“A negative interest rate on the deposits of commercial banks at the European Central Bank is unlikely to lead to the desired pick-up in lending,” said Michael Kemmer, managing director of Germany’s association...
...Michael Kemmer, managing director of the Association of Geman Banks, said that German’s economic success was not to be “played with carelessly”....
...Michael Kemmer, general manager of the Association of German Banks said: “It’s good that we have a coalition agreement now as Germany urgently needs a government capable of action.”...
...Long-term LTRO loans “cannot replace a functioning interbank market or solve the sovereign debt crisis”, said Michael Kemmer, of Germany’s association of commercial banks....
...Michael Kemmer, the association’s managing director, said they “would help to reduce the uncertainty on money markets and make the European banking system more resistant.”...
...“The stress test hasn’t contributed to market stabilisation,” said Michael Kemmer, general manager of the BDB association of German banks, adding that the process had been “arbritary, lengthy and seemingly...
...“Important planning of details in the aftermath of the euro summit will now be delayed, and in the worst case put on ice,” said Michael Kemmer, managing director of BdB, the German banking association....
...“It would impose a burden on a sector that is only in small part a creditor of Greece,” said Michael Kemmer, managing director of Germany’s banking association....
...Michael Kemmer, managing director, said the EBA had “lost credibility” with frequent changes of criteria for the tests in a process that had been “tiring and chaotic”....
...Another top manager of BayernLB at the time was Michael Kemmer, then chief financial officer, who is now head of Germany’s main lobby group for commercial banks, the BDB....
...He has now been appointed to replace Michael Kemmer, the chief executive since 2008, who resigned when HGAA was nationalised....
...Michael Kemmer, BayernLB’s chief executive, resigned on Monday following the nationalisation. He is also head of HGAA’s supervisory board....
...BayernLB’s two-year involvement with HGAA, intended to expand BayernLB’s reach in south-eastern Europe, has cost the German bank at least €3.6bn and led to the resignation of Michael Kemmer, Mr Schmidt’s...
...Michael Kemmer, chief executive, said the “more focused business model” was improving the bank’s performance. “Results for the full year will be primarily marked by developments at HGAA,” he said....
...Michael Kemmer, who replaced Mr Schmidt as chief executive, has not ruled out a further loss this year, while Hypo Group expects a consolidated full-year loss....
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