Ad Hoc Announcements
Braunschweig, 1 November 2016.
Today, the supervisory board of Volkswagen Financial Services AG approved a reorganization measure of the Volkswagen Financial Services Group. Volkswagen Bank GmbH, which is currently a subsidiary of Volkswagen Financial Services AG, shall become a direct subsidiary of Volkswagen AG by way of a spin-off, providing consolidation of banking activities relevant to European Central Bank authority and allowing for the separate regulation of European banking activities from other financial services provided by the Volkswagen Financial Services Group. The aim of such reorganization is improved transparency for the regulatory authority and increased efficiency. The implementation of this measure is subject to the approval of the supervisory board of Volkswagen AG.
Remuneration Reports
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Remuneration Report of the Financial Holding Group
of Volkswagen Financial Services AG as of 31. December 2016
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Dec 31, 2016 |
Remuneration Report of the Financial Holding Group of Volkswagen Financial Services AG as of 31. December 2016
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