The Deutsche-Commerzbank merger fiasco sheds light on how weak Germany’s private banking sector remains a decade after the financial crisis, in a national market dominated by highly competitive customer-oriented savings banks and cooperative banks. On April 25, 2019, both banks announced that their management boards had come to the conclusion that a German government-supported … [Read more...] about Europe’s Forever Unfinished Banking Union
Deutsche Bank
Deutsche Bank Robbery
Worries about the fragile state of the largest lender in both Germany and Europe, Deutsche Bank AG, dominated the unofficial agenda when bankers and finance officials from all parts of the world came to the annual meetings of International Monetary Fund, the World Bank, and the Institute of International Finance in Washington this October. At the time, the headlines in the … [Read more...] about Deutsche Bank Robbery