EXPLAINED: 2 - The Real Truth

Why is Germany shooting its own stagnating economy in the foot?

A proposed Italian-German bank merger makes sense for Europe, but Berlin is opting for domestic protectionism, says economics commentator Simon Nixon

The Guardian - UK · Oct 17, 2024

ECB Chief Backs Bank Mergers Amid UniCredit, Commerzbank Talk

ECB chief Christine Lagarde said Monday that cross-border banking mergers in Europe were "desirable" to boost their competitiveness, despite mounting German opposition to a potential tie-up between Commerzbank and Italy's UniCredit.

International Business Times · Sep 30, 2024

France's 2024 budget deficit could top 6% of GDP, minister warns

As France's newly-formed government faces pressure to finalise its spending plans for 2025, Budget Minister Laurent Saint-Martin says the state of public finances is worse than was expected only a few days ago, and that this year's budget shortfall could top 6 percent of GDP – far above the government's…

France 24 · Sep 25, 2024

German Family Businesses Desperately Seeking Buyers

The Scharringhausen deli has been selling fine foods and wines in northern Germany for 160 years, but its future is in doubt as it struggles to find a buyer to take over the business.

International Business Times · Apr 3, 2024

Germany Considers Commerzbank Merger Amidst Company Sales Contemplation

Learn about the potential merger of Commerzbank as Germany considers selling stakes in the company, exploring the implications and sources of information.

Top News · Jan 14, 2024

Commerzbank Expands through Joint Venture with Global Payments

Commerzbank, one of Germany's leading financial institutions, has recently announced a strategic move to enter into a joint venture with Global Payments, a worldwide payment technology and services company. This bold step signifies Commerzbank's commitment to enhancing its payment solutions and delivering a more seamless and efficient banking experience to…

Top News · Jan 11, 2024

3 Bank Stocks Investors Are After

Although there are some signs of stabilization, the stress in the U.S. banking sector remains high, posing a significant threat to economic growth. With investors still concerned about the viability of the banking system, it could be wise to look beyond borders and invest in quality foreign bank stocks Banco…

StockNews.com · Jun 23, 2023

German economy goes into recession as GDP shrinks by 0.3% in Q1

BERLIN: The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby entering recession, data from the statistics office showed on Thursday.

The Times of India · May 25, 2023

Why Financial Investors Are Buying Commerzbank (CRZBY)

The uncertainty around the U.S. banking industry has led investors to look beyond borders for opportunities. Commerzbank (CRZBY) has seen buying interest from investors lately as the company reported a solid financial performance for the first quarter. With the company predicting a strong year, the stock could continue to perform…

StockNews.com · May 19, 2023

Banker wins $370,000 after judge rules she was denied a promotion for being a woman

The court also found that she had been harassed and undermined after returning from maternity leave.

Fortune · Mar 22, 2023