Italy’s UniCredit stunned markets by clandestinely raising its stake in Germany’s second-largest lender to 21%. As Commerzbank’s management now tries to fend off a possible takeover, the government stands by its side. Why has UniCredit...
Germany’s two largest lenders, Deutsche Bank and Commerzbank, have confirmed they are in merger talks, bowing to pressure from the government. Both banks saw their share prices collapse by more than half last year. Germany’s...
When a little-known online payments firm from a small German town called Aschheim overtakes Deutsche Bank in stock market value, people tend to take notice. What makes Wirecard tick? It’s as valuable as it is...
“Move fast and break things” is a famous Facebook corporate motto. The recent data breach scandal has certainly seen trust broken fast, especially among users. Will it leak into Facebook’s key revenue source? It is...
Yet another German lender has announced it will end any speculative food trading after noting that such banking activities had proved controversial. The government in Berlin welcomed the move. Germany’s cooperative DZ Bank confirmed Monday...
