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Latest Germany Banking News

  • Dollar Mighty No More; U.S. Currency Keeps Falling 6 Jul 2008 23:31 GMT
    ... undercutting its role as the leading international banking currency. The long slide is fanning inflation ... to the Treasury secretary -- and international bankers and investors took note of the high-level ... of Eight wealthy democracies -- Japan, Britain, Germany, France, Italy, Canada and Russia plus the ...

  • Beware hits from bricks and mortar 6 Jul 2008 23:31 GMT
    ... Japan it is possible to get a mortgage loan through NAB Hong Kong at an ... Europe provides further examples. OECD data shows German property prices falling in 11 of the past ... Securities Exchange, such as property developers and banks, are directly exposed to residential property prices. ...

  • On Capitalism and Greed 6 Jul 2008 23:30 GMT
    ... was mentioning a case of greed in Banking: "When the Federal Reserve lowered the prime ... (several times) for money borrowed by the banks and financial institutions throughout the country, to ... Turkish-American who was educated in Turkey, in Germany, and in the U.S. as a chemical ...

  • The Euro trophy still warm, Torres back in Liverpool 6 Jul 2008 23:30 GMT
    ... beyond the striving, the winning and the banking, affects an athlete's concentration. Indeed, not only ... that given by Scolari to Schweinsteiger after Germany had knocked out Portugal. The player's club, ...

  • G8 turns to emerging economies 6 Jul 2008 23:16 GMT
    ... Group of Eight - Britain, Canada, France, Germany, Italy, Japan, the United States and Russia. ... trouble is, there is little that central banks in Europe, Japan or the United States can ...

  • Irish growth data signal extent of Europe woe 6 Jul 2008 23:16 GMT
    ... one quarter-point to 4.25 per cent on Thursday. Jean-Claude Trichet, ECB president, told weekly German publication Die Zeit that central bankers had “a big responsibility” to pursue clear policies. “If we don’t act decisively, there’s a ...

  • German cheer amid the economic gloom 6 Jul 2008 23:15 GMT
    ... from having settled a tough budget round, Germany’s finance minister could take comfort in the ... he says. A robust critic of German banking executives – whom he once described as ... he is now satisfied that his country’s banks are learning their lesson. “The financial crisis ...

  • New Europe head brings dynamic to bank 6 Jul 2008 23:15 GMT
    ... that have dominated the foreground of the banking industry this year, has quietly instigated a ... division which had, in common with other banks, taken on additional cost during the bull ... dedicated chief executive for the business in Germany and central Europe, and further regional executive ...

  • Oil holds stock market hostage 6 Jul 2008 22:13 GMT
    ... market was closed on Friday for the Independence Day holiday, share indices in Britain, Germany, France and Italy all lost more than 1 per cent, with banks among the hardest hit amid fresh fears for the sector. Oil prices fell more than ...

  • 08:43am G8 turns to emerging economies 6 Jul 2008 21:16 GMT
    ... Group of Eight - Britain, Canada, France, Germany, Italy, Japan, the United States and Russia. ... trouble is, there is little that central banks in Europe, Japan or the United States can ...

  • Barroso backs ECB over rates 6 Jul 2008 20:15 GMT
    ... more confidence in the position of central bankers than in politicians," said Mr Barroso. "I'm saying ... backing of Peer Steinbrück, finance minister of Germany, traditionally a protector of central bank independence. ...

  • G-8 Summit to focus on food and climate 6 Jul 2008 20:15 GMT
    ... economies G8, the USA, Britain, Canada, France, Germany, Italy, Japan and Russia, gather at the ... stated that with finance ministers and central bankers absent, the G8 will probably make little ... not make interest rate recommendations to central banks. "It is being questioned what kind of ...

  • Asia + credit + oil = a whole world of pain 6 Jul 2008 19:16 GMT
    ... living. The credit crunch has damaged the banks and business, and undermined the housing market. ... experience of the different countries. In 1923, Germany suffered a wipe-out inflation of the mark; ... do varying amounts of damage. Economists and bankers are, however, feeling more nervous than usual. ...

  • Fear over Israel's threat to strike Iran 6 Jul 2008 19:15 GMT
    ... Iran US passes sanctions against three Iranian banks US National Intelligence Estimate concludes Iran halted its ... members of the UN Security Council plus Germany – some Israeli experts worry that the ...

  • Crumbling dollar resonates through economy 6 Jul 2008 18:51 GMT
    ... undercutting its role as the leading international banking currency. The long slide is fanning inflation ... to the Treasury secretary — and international bankers and investors took note of the high-level ... of Eight wealthy democracies — Japan, Britain, Germany, France, Italy, Canada and Russia plus the ...

  • Dollar and oil dilemma 6 Jul 2008 18:31 GMT
    ... bias and fiercely independent status of the German Bundesbank, stood its ground. By raising the interest ... a tight monetary policy. When the central banks face a mix of two: inflation with ... any change in supply factors! The central bankers can take comfort in the words of ...

  • Volvo India head moves to Malaysia, replacement awaited 6 Jul 2008 18:31 GMT
    ... mines and large loads on highways, as banks delay financing. “Most of our customers are those ... Volvo such as Brazil’s Marcopolo SA and Germany’s MAN Nutzfahrzeuge AG, Europe’s third largest truck maker, ...

  • International Conference on Digital Evidence 6 Jul 2008 17:56 GMT
    ... courts every day in criminal, family, maritime, banking, contract, planning and a range of other ... Republic, England & Wales, Estonia, Finland, France, Germany, Greece, Hungary, Israel, Italy, Lithuania, Netherlands, Papua ...

  • Wincor Nixdorf confirms FY guidance, plans to hike dividend 6 Jul 2008 17:55 GMT
    ... per share as realistic. Wincor Nixdorf, a German supplier of automated teller machines, is defying the ... ongoing crisis in the financial sector because banks are focusing again on their retail activities and ...

  • Smith's 'Hancock' bounds to $66M opening weekend 6 Jul 2008 17:30 GMT
    ... 50 other countries, among them Great Britain, Germany, Australia and Brazil. Estimated ticket sales for ... Group, Sony Corp., Comcast Corp., DLJ Merchant Banking Partners and Quadrangle Group; Lionsgate is owned by ...

  • Euro collapses as Trichet proves to be a big disappointment 6 Jul 2008 17:15 GMT
    ... 1.5910, indicating that currency traders were clearly banking on hawkish comments. Instead, Trichet played down the ... retail sales, a sharp drop in the German unemployment rate and much stronger than expected ...

  • World Business Briefs 7/5 6 Jul 2008 17:15 GMT
    ... raises key rate to 4.25 percent FRANKFURT, Germany -- Wary of higher energy and commodity ... the time. Since then, the U.S. subprime mortgage crisis has erupted, roiling markets and battering ...

  • The buck doesn't stop here 6 Jul 2008 16:56 GMT
    ... undercutting its role as the leading international banking currency. The long slide is fanning inflation ... to the Treasury secretary - and international bankers and investors took note of the high-level ... of Eight wealthy democracies - Japan, Britain, Germany, France, Italy, Canada and Russia plus the ...

  • Tough week: Surging oil holds market hostage 6 Jul 2008 16:55 GMT
    ... market was closed on Friday for the Independence Day holiday, share indices in Britain, Germany, France and Italy all lost more than 1 per cent, with banks among the hardest hit amid fresh fears for the sector. Oil prices fell more than ...

  • Best Buy's global appetite 6 Jul 2008 16:30 GMT
    ... Davidowitz, chairman of Davidowitz & Associates investment banking firm in New York City. "It just doesn't ... international expansion and points to failures in Germany and South Korea as reasons that Best ...


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