CashNews.co (Bloomberg) — Germany plans to sell a significant part of its stake in Commerzbank AG as it seeks to draw a line under the lender’s bailout more than a decade ago. Most Read from Bloomberg Berlin, which owns 16.5% of Commerzbank, will initially target a disposal of 3% to 5% in the Frankfurt-based firm, […]
CashNews.co As EU car companies struggle with the phasing out of combustion engines and a transition to electric vehicles before 2035, experts are predicting that thousands more jobs may be cut across different sectors over the next couple of years. DIW President, Marcel Fratzscher, says that the German economy is both export and industry dependent, […]
CashNews.co React NewsGerman real estate finance: is the regulator helping or hindering?Bankers discuss current constraints at the inaugural Frankfurt School Real Estate Day..27 minutes ago Read More #cashnews #German #finance
CashNews.co The World Travel & Tourism Council (WTTC) estimates that travel will contribute $11.1 trillion to the global GDP in 2024. This represents an increase of 12.1% from the previous year and 7.5% higher than pre-pandemic records set in 2019. This means, one in every 10 dollars spent worldwide in 2024 will be on […]
CashNews.co Germany’s economy has watched some of its largest companies vote with their feet and dollars since its manufacturing industry entered recession more than two years ago. Now, Volkswagen and Intel are poised to add more pain to the country’s coffers in what looks increasingly like a doom loop for the embattled country. Volkswagen, the […]
CashNews.co Germany’s economy has watched some of its largest companies vote with their feet and dollars since its manufacturing industry entered recession more than two years ago. Now, Volkswagen and Intel are poised to add more pain to the country’s coffers in what looks increasingly like a doom loop for the embattled country. Volkswagen, the […]
CashNews.co Partners Vanessa Schürmann and Andreas Lischka have contributed to The Legal Industry Reviews’ second volume for Germany, September 2024, discussing Current Forces of Debt Finance in Germany as well as some highly relevant Banking & Finance practice area news: Synthetic USD LIBOR ends September 24 BaFin Publishes Final MaRisk 2024 Amendment ESMA Issues New […]
CashNews.co Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 In financial services, achieving global success […]
CashNews.co React NewsQ+A: Silverton’s Jascha Hofferbert on NPLs in Greece and GermanyFounding partner on what is holding the German market back and why it’s a different story in Athens..7 hours ago Read More #cashnews #German #finance
CashNews.co Post-pandemic labour hoarding and strong employee-protection rules are masking worrying changes in Germany’s market for high-paying manufacturing jobs. After hitting an all-time low of 4.9 per cent in the spring of 2019, the jobless rate in the Eurozone’s largest economy has risen to 6 per cent, according to figures from the Federal Labour Office. […]