Volksbanken: The reforms are progressing slowly | EUROtoday

Cooperative banks :

Volksbanks between scandals and reform initiatives

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Cooperative banks that get into bother as a consequence of mismanagement also needs to have the ability to lose the precise to make use of the brand.dpa

Scandals from particular person establishments put a pressure on cooperative banks as an entire. The affiliation needs to counteract this with reforms, however that takes time. The deliberate code of values ​​can even solely turn out to be a blunt sword.

https://www.faz.net/aktuell/finanzen/volksbanken-die-reformen-gehen-nur-langsam-voran-110851010.html