Tag: Germany
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Commerzbank sees strong 2022
Commerzbank swung to better than expected fourth-quarter. And that is despite a major haul over their annual net profit. Profit this year will exceed 1...
Commerzbank shares fall after finance minister says govt to shed stake in future
Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade. This is after Germany’s Finance Minister said that the government would not keep its stake...
Germany to host G7 finance meeting
Germany will host the main finance meeting of its presidency of the Group of Seven economic powers from May 18-20. This is reported in the Rheinische...
Risks for German finance revolve around rates
The new president of Germany’s financial watchdog BaFin said that the greatest risks for the financial sector revolve around interest rates. BaFin President Mark...
IMF Chief economists backs exemptions to German debt brake
Germany should apply its debt brake more flexibly and suspend it again if needed to favour investment. The International Monetary Fund’s chief economist told...