Runners at the JP Morgan Run in front of the Frankfurt skyline
Image: dpa
The HR director at Commerzbank is delighted that a colleague came second in the JP Morgan Run. Deka, Avaloq, Oddo-BHF and Hauck are also making a name for themselves. The news from the financial center.
Salready heard that…
… Sabine Schmittroth was spotted among the 24,000 runners of the JP Morgan company run? It is not known how long Schmittroth needed for the 5.6 kilometers through downtown Frankfurt, but she was happy about her Commerzbank colleague’s second place, who made it to the finish after just 16.55 minutes. It is unclear in which jersey Schmittroth will compete next year. The contract of the 56-year-old HR director at Commerzbank expires at the end of the year and will not be extended.
… the fund company Deka is penetrating the “private banking and wealth management” sector, which is difficult for savings banks, and has appointed Hussam Masri to head the division?
… Thomas Fischer, COO at the Franco-German bank Oddo-BHF until May, is moving to the software house Avaloq? There, on September 1, Fischer succeeds Karl im Brahm as head of Germany. Avaloq is not in an easy position due to the IT conversion of the Apotheker- und Ärztebank, which got out of hand.
… the private bank Hauck Aufhäuser Lampe is expanding its cooperation with the blockchain platform Nyala from custody to fund asset management?
… Swiss regulators will in future require systemically important banks to hold liquidity for a crisis of 90 days instead of 30?