Claudia-Maria Buch
Claudia Maria Buch (also Claudia-Maria Buch; born March 1966) is a German economist who currently serves as Vice President of the Bundesbank. She previously worked as professor at the University of Tübingen and served as a member of the German Council of Economic Experts. Buch worked as scientific director at the Institut für Angewandte Wirtschaftsforschung (Institute of Applied Economic Studies) in Tübingen and as chairperson of the economic council at the Federal Ministry of Economics and Technology. She still teaches at the Otto-von-Guericke-Universität Magdeburg. Her research focuses on regulation and supervision of banking. Career Buch was born in March 1966 in Paderborn. She attended the Gymnasium Theodorianum in Paderborn and subsequently studied economics at the University of Bonn from 1985 to 1991, graduating with a degree as ''Diplom-Volkswirtin''. She was also granted a Master of Business Administration at the University of Wisconsin–Eau Claire after studying t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Paderborn
Paderborn (; Westphalian: ''Patterbuorn'', also ''Paterboärn'') is a city in eastern North Rhine-Westphalia, Germany, capital of the Paderborn district. The name of the city derives from the river Pader and ''Born'', an old German term for the source of a river. The river Pader originates in more than 200 springs near Paderborn Cathedral, where St. Liborius is buried. Paderborn ranks 55th on the List of cities in Germany by population. History Paderborn was founded as a bishopric by Charlemagne in 795, although its official history began in 777 when Charlemagne built a castle near the Pader springs.Ed. Heribert Zelder, Tourist Information Services, ''Welcome to Paderborn'', Stadt Paderborn: Paderborn, Germany, 2009. In 799 Pope Leo III fled his enemies in Rome and reached Paderborn, where he met Charlemagne, and stayed there for three months. It was during this time that it was decided that Charlemagne would be crowned emperor. Charlemagne reinstated Leo in Rome in 800 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kiel Institute For The World Economy
The Kiel Institute for the World Economy (Institut für Weltwirtschaft, or IfW) is an independent, non-profit economic research institute and think tank based in Kiel, Germany. In 2017, it was ranked as one of the top 50 most influential think tanks in the world and was also ranked in the top 15 in the world for economic policy specifically. German business newspaper, ''Handelsblatt'', referred to the institute as "Germany's most influential economic think tank", while ''Die Welt'', stated that "The best economists in the world are in Kiel" ("Die besten Volkswirte der Welt sitzen in Kiel"). Founded in 1914, the institute is the oldest economic research institute in Germany. Its main areas of specialities include global economic research, economic policy, and economic education. The institute is home to the world's largest specialist library of economics and the social sciences, the German National Library of Economics, which has access to more than four million publications in pr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Federal Financial Supervisory Authority
The Federal Financial Supervisory Authority (german: Bundesanstalt für Finanzdienstleistungsaufsicht, Bundesanstalt für Finanzdienstleistungsaufsicht) better known by its abbreviation BaFin is the financial regulatory authority for Germany. It is an independent federal institution with headquarters in Bonn and Frankfurt and falls under the supervision of the Federal Ministry of Finance. BaFin supervises about 2,700 banks, 800 financial services institutions, and over 700 insurance undertakings. History Background Prudential banking supervision in Germany essentially started as a consequence of the banking crisis of 1931, prior to which the only supervised credit institutions were the public savings banks. On , a decree established the office of (), for which Chancellor Heinrich Brüning appointed . In 1934, this was transformed into the , by new comprehensive banking legislation (german: Kreditwesengesetz of ). Initially the Reichsbank was associated with the supervisory p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Elke König
Elke König (born 28 January 1954) is a German MBA in Business and auditor. From January 2012, she was president of the Federal Financial Supervisory Authority (BaFin); in December 2014, she became the first Chair of the newly established Single Resolution Board (SRB) of the Single Resolution Mechanism headquartered in Brussels. Early life and education König was born near Cologne (Rhineland).Frank Drost, Peter Köhler, Susanne Metzger:. '' Elke König - champion of clarity. '' Handelsblatt of 25 January 2012 Design. She studied Business Administration at the University of Cologne from 1972 to 1976, where she earned a doctoral degree (Dr rer. pol.) between 1976 and 1980. Career From 1980 to 1990, König worked for KPMG Deutsche Treuhandgesellschaft in Cologne auditing and advising insurance undertakings, from 1986 as a holder of a special statutory authority (“Prokuristin”) and from 1988 as a director and partner. From 1990 to 2002, as a member of senior management of t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Der Spiegel
''Der Spiegel'' (, lit. ''"The Mirror"'') is a German weekly news magazine published in Hamburg. With a weekly circulation of 695,100 copies, it was the largest such publication in Europe in 2011. It was founded in 1947 by John Seymour Chaloner, a British army officer, and Rudolf Augstein, a former Wehrmacht radio operator who was recognized in 2000 by the International Press Institute as one of the fifty World Press Freedom Heroes. Typically, the magazine has a content to advertising ratio of 2:1. ''Der Spiegel'' is known in German-speaking countries mostly for its investigative journalism. It has played a key role in uncovering many political scandals such as the ''Spiegel'' affair in 1962 and the Flick affair in the 1980s. According to ''The Economist'', ''Der Spiegel'' is one of continental Europe's most influential magazines. The news website by the same name was launched in 1994 under the name ''Spiegel Online'' with an independent editorial staff. Today, the content is ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International use, most important central banks. The Governing Council of the European Central Bank, ECB Governing Council makes the projects for the monetary policy for the European Union with suggestions and recommendations and to the Eurozone with more direct applications of such policies, it also administers the foreign exchange reserves of EU member states in the Eurozone, engages in foreign exchange operations, and defines the intermediate monetary aims and objectives, and also the common interest rates for the EU. The Executive Board of the European Central Bank, ECB Executive Board makes policies and decisions of the Governing Council, and may give direction to the national central banks, especially when doing so for the Eurozone central ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Eurobond (eurozone)
Eurobonds or stability bonds were proposed government bonds to be issued in euros jointly by the European Union's 19 eurozone states. The idea was first raised by the Barroso European Commission in 2011 during the 2009–2012 European sovereign debt crisis. Eurobonds would be debt investments whereby an investor loans a certain amount of money, for a certain amount of time, with a certain interest rate, to the eurozone bloc altogether, which then forwards the money to individual governments. The proposal was floated again in 2020 as a potential response to the impacts of the COVID-19 pandemic in Europe, leading such debt issue to be dubbed "corona bonds". Eurobonds have been suggested as a way to tackle the 2009–2012 European debt crisis as the indebted states could borrow new funds at better conditions as they are supported by the rating of the non-crisis states. Because Eurobonds would allow already highly indebted states access to cheaper credit thanks to the s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Frankfurter Allgemeine Zeitung
The ''Frankfurter Allgemeine Zeitung'' (; ''FAZ''; "''Frankfurt General Newspaper''") is a centre-right conservative-liberal and liberal-conservativeHans Magnus Enzensberger: Alter Wein in neuen Schläuchen' (in German). ''Deutschland Radio'', 16 October 2007 German newspaper founded in 1949. It is published daily in Frankfurt. Its Sunday edition is the ''Frankfurter Allgemeine Sonntagszeitung'' (; ''FAS''). The paper runs its own correspondent network. Its editorial policy is not determined by a single editor, but cooperatively by four editors. It is the German newspaper with the widest circulation abroad, with its editors claiming the newspaper is delivered to 148 countries. History The first edition of the ''F.A.Z.'' appeared on 1 November 1949; its founding editors were Hans Baumgarten, Erich Dombrowski, Karl Korn, Paul Sethe and Erich Welter. Welter acted as editor until 1980. Some editors had worked for the moderate '' Frankfurter Zeitung'', which had been banned in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Beatrice Weder Di Mauro
Beatrice Weder di Mauro (born 3 August 1965) is a Swiss economist who is currently Professor of economics at the Graduate Institute of International and Development Studies in Geneva, Research Professor and Distinguished Fellow-in-residence at the Emerging Markets Institute of INSEAD Singapore, and senior fellow at the Asian Bureau of Finance and Economic Research (ABFER). Since 2018, she also serves as President of the Centre for Economic Policy Research (CEPR). From June 2004 to 2012, she was a member of the German Council of Economic Experts. She was the first woman and the first non-German in the council whose responsibility is to advise the German government on economic issues. She has advised both the former Chancellor Gerhard Schroeder and the current Chancellor Angela Merkel. She has served on the board of several major corporations, such as UBS, Roche, Tyssen-Krupp, and others. She currently sits on the board of Unigestion and Robert Bosch GmbH. Her research interests a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Philipp Rösler
Philipp Rösler (born 24 February 1973) is a German physician and former politician who served as federal minister of health from 2009–2011 and federal minister of economics and technology as well as vice-chancellor of Germany from 2011 to 2013. Rösler was Chairman of the liberal Free Democratic Party (FDP) from 2011 to 2013. Following the 2013 federal election in which the FDP left the Bundestag, he announced his resignation from the chairmanship. Born in Vietnam, Rösler was the first cabinet minister and vice-chancellor of Asian background in Germany. Before entering politics, Rösler was a cardiothoracic surgeon. Early life and education Rösler was born in Khánh Hung, Ba Xuyên Province, in South Vietnam (now Sóc Trăng Province, Vietnam) on 24 February 1973. He was adopted from a Roman Catholic orphanage near Saigon by a German couple who already had two biological children, and brought him to Düsseldorf, West Germany, in a plane of children's rights charita ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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European Systemic Risk Board
The European Systemic Risk Board (''') is a group established on 16 December 2010 in response to the ongoing financial crisis. It is tasked with the macro-prudential oversight of the financial system within the European Union in order to contribute to the prevention or mitigation of systemic risks to financial stability in the EU. It shall contribute to the smooth functioning of the internal market and thereby ensure a sustainable contribution of the financial sector to economic growth. The ESRB is a macro-prudential oversight body of the EU and it is part of the European System of Financial Supervision (ESFS), the purpose of which is to ensure the supervision of the EU's financial system. As a body lacking juridical personality, the ESRB relies on hosting and support by the European Central Bank. It includes representatives from the ECB, national central banks and supervisory authorities of EU member states, and the European Commission. Overview The operation of the board has ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |