Press release: Discrimination of women- Not yet an issue for German Banks

Berlin, 07 March 2019 – To commemorate International Women’s Day on the 8th of March, Facing Finance is calling on German banks to consider the gender-specific consequences of their financing and investments.
German banks have already taken the first steps to counter the discrimination and disadvantage of women in their own banks. “However, large banks in particular have not introduced any review processes to check the negative effects of their financing or investment decisions on women,” criticises Sarah Guhr, project manager at Facing Finance.   ... →

Press release: How fair is my bank?

The first free consumer portal rating the social and environmental commitments of German banks sees GLS Bank and Triodos Bank in the lead.

 fair-finance-guide-logo-de(Berlin, March 15, 2016) –  On today’s World Consumer Rights Day, a coalition of German non-governmental organizations (NGOs) is launching the first free online portal reviewing German banks’ social and ecological guidelines: www.fairfinanceguide.de.   ... →

Further billion dollar lawsuit against Deutsche Bank.

In March 2014, Facing Finance reported on the gold price manipulation of the LBMA (London Bullion Market Association) consisting of five international banks, Barclays, HSBC, Société Général, Bank of Nova Scotia and Deutche Bank. Initially Duetsche Bank refuted these allegations and were clear that they would defend themselves against these allegations. A few months later, and the bank has declared will conduct an internal review into gold price manipulation, in order to avoid sanctions.   ... →