Search Results for: German
Lending expected to grow more than 3% in 2016, boosting Eurozone economy
October 19th, 2015
Business lending expected to grow by 3.8% in 2016 due to improving credit conditions and renewed business confidence Consumer credit to recover this year, growing 1.9%, and an expected 3.1% in 2016 Assets under management (AUM) in equities expected ...
Deutsche Bank announces comprehensive organizational restructuring and reorganization of key management roles
October 19th, 2015
Deutsche Bank will fundamentally change its group and leadership structure. At an extraordinary meeting today in Frankfurt, the Supervisory Board of Deutsche Bank resolved to restructure the Bank´s business divisions. This will be supplemented by a reorganization of executive ...
Silver as money
October 16th, 2015
Gold is money, admittedly not often circulating as such today. Fiat currencies issued by governments have driven gold out of circulation. But where does this leave silver? Money-substitutes, bank notes and bank deposits, were originally backed by physical silver, ...
VW Loses Market Share in Europe as Diesel-Motor Recalls Loom
October 16th, 2015
Gain of 8.3% lagged behind industry growth of 9.8% last month VW showed “noticeable uptick” in German discounting: Barclays Volkswagen AG failed to keep pace with European competitors as the German carmaker’s market share slipped last month in the ...
The Common Reporting Standard: Automatic Information Exchange Goes Global
October 16th, 2015
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...
Deutsche Börse completes acquisition of trading platform for OTC instruments 360T
October 16th, 2015
Kengeter: “Acquisition is a strategic fit as it broadens Deutsche Börse’s asset class spectrum”/ Significant synergies, cross-selling and innovative product development planned Today Deutsche Börse completed the acquisition of 360T, following the approval of relevant antitrust authorities and the ...
Asia stocks rise, dollar sags as weak U.S. data dents rate hike prospects
October 15th, 2015
Asian shares rose to 2-month highs on Thursday and the dollar struggled near multi-week lows after weak U.S. economic data added to expectations that the Federal Reserve will delay hiking interest rates. MSCI’s broadest index of Asia-Pacific shares outside ...
The Eurozone Crisis: Crystalizing the Narrative
October 13th, 2015
The economy of the eurozone makes the US economy look like a picture of robust health by comparison. Richard Baldwin and Francesco Giavazzi have edited The Eurozone CrisisA Consensus View of the Causesand a Few Possible Solutions, a VoxEU.org book ...
Regulatory authorities of Italy and Belgium warn the public for unauthorised investment firms
October 13th, 2015
The Commissione Nazionale per le Società e la Borsa (Consob), the regulatory authority of Italy and the Financial Services and Markets Authority (FSMA), the regulatory authority of Belgium, have issued “Warning” announcements to inform investors and public for companies ...
China’s Stocks Decline From Seven-Week High After Trade Data
October 13th, 2015
Report shows imports extend longest losing streak in 6 years Investors returning to market as margin debt rebounds China’s stocks fell from a seven-week high, dragged down by commodity producers, after imports fell by more than economists predicted. The Shanghai Composite ...
