Deutsche Bank (NYSE:DB) plans to cut around 3,500 jobs in a bid to reduce costs and improve operational efficiency. The German bank made further progress on its €2.5B operational efficiency program ...
Deutsche Bank is close to shutting down its operations in Russia, with reports that remaining staff have been offered severance packages. In June 2022, in reaction to Russia’s invasion of Ukraine, the ...
German politics have been rocked by a string of problems in the past few months, from economic volatility to a budgetary crisis and farmers' protests. Through it all, the far-right Alternative for ...
When thinking about global financial innovation (which I’m sure you all do often, right?), Germany is not usually the first jurisdiction to come to mind. As well as a struggling manufacturing sector ...
The bank was founded in Hamburg and later moved to Berlin. It relocated to Frankfurt in 1970 as one of Germany's leading banks, focusing on retail and corporate customers. Agrees to buy Dresdner Bank, ...
German government to keep 12% stake in Commerzbank UniCredit's merger attempt faces political hurdles in Germany Commerzbank shares down 5%, UniCredit down 1.6% Late on Friday, Germany's Finance ...
As a member of the executive board of a small east German savings bank, Sven Mücklich never expected to need self-defence classes. But when a far-right extremist party opened an account at Sparkasse ...
Deutsche Bank's shares dropped 11 percent on Friday and have now fallen 29 percent since the 2023 banking crisis began, sparking fears of a collapse. "Looks like the banking crisis hasn't been ...
“We confirm that, as part of the investigation into the bank in relation to cum-ex, which has been ongoing since 2017, the Cologne Public Prosecutor’s Office is currently carrying out an inquiry at ...
Doubts regarding crypto remain among German banks, but there is a growing concern about missing out on a potentially game-changing development. For a long time, German banks largely neglected the ...
Leading cryptocurrency trading platform BitMEX has taken steps to acquire the German bank Bankhaus von der Heydt, the company said Tuesday in a statement sent to Bitcoin Magazine. A purchase agreement ...
Fintech startup Klarna is turning its mobile app into a banking app in Germany. Customers living there can now open a consumer bank account and get a Visa debit card. For now, Klarna is launching bank ...
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