Ludger Weskamp elected almost unanimously, but with little support, as Sparkasse President

by time news

… the association assembly of the East German Savings Banks Association After a failed attempt two years ago, Ludger Weskamp finally elected a successor to the 67-year-old Executive President Michael Ermrich almost unanimously? However, Weskamp (SPD), previously the district administrator of the Oberhavel district, also lacks the full support of all 43 association savings banks, as previously shown by a number of no votes in a vote in the association’s board.

… the request of the European Central Bankto bring in an additional 5 billion euros into your liability system from 2025, just leads to tough disputes in the Sparkassen Group? Savings banks in regions without their own Landesbank demand that the central institutions, which are considered risky, raise the funds almost on their own.

…Monika Vicandi from September 1st to the board of directors of Oddo-BHF? The Swiss Vicandi, who had to leave the Liechtenstein VP Bank in June 2020 after high value adjustments, will be responsible for risk, legal and compliance at Oddo.

... Paul Hilgers, only started as head of the cash market a year ago, is leaving Deutsche Börse again? His successor will be Eric Leupold, previously head of the Deutsche Börse venture capital offshoot DB1.

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