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BQ 3A News > Blog > Germany > Banks: Non-public Financial institution Warburg is a large-scale making plans slicing
Germany

Banks: Non-public Financial institution Warburg is a large-scale making plans slicing

June 12, 2025
Banks: Non-public Financial institution Warburg is a large-scale making plans slicing
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Hamburger Privatbank Varburg plans to dismantle 1 / 4 in their complete positions. In 2027 years, the financial institution has about 400 as a substitute of about 550 full-time workers, as he stated on the request that spokesman used to be stated on request. The financial institution due to this fact intends to surrender the industry of the capital marketplace. Disassembly additionally impacts the IT division and different spaces that aren’t in direct touch with shoppers. Negotiations with worker representatives started, a spokesman stated. A number of media has been up to now reported.

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CUM-EK SCANDAL: The Prosecution stops Audit towards Cum-Ex-Kronzegen in Kai-Uzi Steck: Crown Witnesses within the Cum-EC Procedure Convicted on Probation 20/2025: Our Assets in Wisdom

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Warburg entered the media focal point after the scandal of the Tax Tax. In line with its personal statements, the Financial institution adopted the observe between 2007. and 2011. years through which taxes aren’t paid. He later identified the unsuitable review and in keeping with his personal knowledge. In 2021. 12 months, the Federal Courtroom of Justice determined that tax transactions must be thought to be taxes.

The once a year surplus financial institution used to be 1,000,000 euros within the final monetary 12 months and thus not up to within the monetary 12 months 2023. years. At the moment, the once a year surplus of ten million euros has completed the once a year surplus.

© DPA-InfoCom, DPA: 250612-930-659132 / 2

TAGGED:BankbankscuttinglargescaleplanningprivateWarburg
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