https://feeds.thelocal.com/ Read the latest news and views from Germany in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed As the end of the Brexit transition period approaches, some UK banks are closing down accounts for their British customers who live in the EU while others are withdrawing services. Are you affected? https://www.thelocal.de/20200921/brits-in-germany-have-you-been-affected-by-the-closures-of-uk-accounts Mon, 21 Sep 2020 11:23:00 +0200 brits-in-germany-have-you-been-affected-by-the-closures-of-uk-accounts Economists are saying that 2020 will not be an easy year for Germany, Europe’s largest economy. We take a look at what the downturn means for consumers and businesses. https://www.thelocal.de/20191210/between-fear-and-hope-german-economy-survives-lull Tue, 10 Dec 2019 12:40:41 +0100 between-fear-and-hope-german-economy-survives-lull The German government agreed Wednesday a draft law that would loosen restrictions on firing top-paid bankers, one of a string of measures designed to ease the financial sector through Brexit. https://www.thelocal.de/20181212/germany-softens-firing-rules-to-lure-banks-fleeing-brexit Wed, 12 Dec 2018 16:03:44 +0100 germany-softens-firing-rules-to-lure-banks-fleeing-brexit Germany's biggest lenders have shied away from business with Iran after past penalties for breaching US sanctions, but smaller banks have leapt on opportunities afforded by the nuclear deal rejected by Donald Trump. https://www.thelocal.de/20180527/iran-sanctions-shadow-falls-on-smaller-german-banks Sun, 27 May 2018 13:10:08 +0200 iran-sanctions-shadow-falls-on-smaller-german-banks Germany’s highest court in Karlsruhe on Tuesday ruled that women do not have to be addressed in forms as females. https://www.thelocal.de/20180313/banks-can-keep-addressing-women-as-men-high-court-rules Tue, 13 Mar 2018 10:34:54 +0100 banks-can-keep-addressing-women-as-men-high-court-rules With high-street bank branches vanishing from regions across Germany such as northern Bavaria, banks have been forced to rethink their business models. https://www.thelocal.de/20180221/in-rural-germany-mobile-banking-means-a-bank-on-a-truck Wed, 21 Feb 2018 10:15:37 +0100 in-rural-germany-mobile-banking-means-a-bank-on-a-truck An elderly lady from Saarland has taken her bank all the way to Germany’s highest court in protest at having to fill out forms that address her as a man. https://www.thelocal.de/20180219/high-court-to-rule-on-whether-banks-can-keep-addressing-women-as-men Mon, 19 Feb 2018 13:30:40 +0100 high-court-to-rule-on-whether-banks-can-keep-addressing-women-as-men A Swiss man accused of spying on German tax officials admitted to the espionage operation on Thursday, and told a court he acted out of "patriotism" as well as for profit. https://www.thelocal.de/20171026/swiss-man-admits-spying-on-germans-out-of-patriotism Thu, 26 Oct 2017 14:06:47 +0200 swiss-man-admits-spying-on-germans-out-of-patriotism The expected mass exodus of UK-based bankers because of Brexit could bring up to 100,000 new jobs to Germany's Frankfurt region over the next four years, according to a study published on Friday. https://www.thelocal.de/20170825/brexit-expected-to-bring-job-boom-to-frankfurt-study Fri, 25 Aug 2017 11:39:23 +0200 brexit-expected-to-bring-job-boom-to-frankfurt-study One year on from Britain's vote to leave the European Union, determined lobbying and political leverage have helped German financial capital Frankfurt grab pole position in the race for bank business quitting London. https://www.thelocal.de/20170703/relentless-political-lobbying-gives-frankfurt-edge-in-brexit Mon, 03 Jul 2017 18:00:28 +0200 relentless-political-lobbying-gives-frankfurt-edge-in-brexit A board member of the German Federal Bank warned on Wednesday that Britain will only have "third country" status if it chooses to pursue a "hard Brexit." https://www.thelocal.de/20170329/uk-risks-having-same-relationship-to-eu-as-tunisia-federal-bank-boss Wed, 29 Mar 2017 12:23:45 +0200 uk-risks-having-same-relationship-to-eu-as-tunisia-federal-bank-boss Switzerland has charged a former employee of the country's largest bank UBS with allegedly selling German authorities the files of wealthy clients suspected of tax evasion, officials and media said Tuesday. https://www.thelocal.de/20160907/swiss-charge-banker-who-helped-germany-catch-tax-cheats Wed, 07 Sep 2016 10:57:54 +0200 swiss-charge-banker-who-helped-germany-catch-tax-cheats Chancellor Angela Merkel voiced optimism on Tuesday that Italy will be able to head off a banking crisis and insisted the situation would not snowball into a new eurozone emergency. https://www.thelocal.de/20160712/merkel-sees-no-eurozone-crisis-developing-over-italys-banks-2 Tue, 12 Jul 2016 18:52:35 +0200 merkel-sees-no-eurozone-crisis-developing-over-italys-banks-2 Several large German banks have had to exchange thousands of customers’ credit cards after details were stolen in a hacker attack at the end of last year. https://www.thelocal.de/20160211/hackers-steal-details-from-thousands-of-german-bank-customers Thu, 11 Feb 2016 11:47:56 +0100 hackers-steal-details-from-thousands-of-german-bank-customers A Berlin banking startup is trying to create a "borderless banking experience across Europe" with an app that tracks transactions in real-time, no fees and none of the typical paperwork of German bureaucracy. https://www.thelocal.de/20151203/the-berlin-startup-shaking-up-europes-big-old-banks Thu, 03 Dec 2015 18:48:34 +0100 the-berlin-startup-shaking-up-europes-big-old-banks Criminals are blowing up bank machines in western Germany, causing millions of euros of damage – and making the police look ridiculous in the process. https://www.thelocal.de/20151111/wave-of-bank-bombings-hits-west-germany Wed, 11 Nov 2015 17:36:25 +0100 wave-of-bank-bombings-hits-west-germany One Deutsche Bank customer got quite the surprise when they found $6 billion had appeared in their bank account. The error is the latest in a long line of bad headlines for Germany's largest bank. https://www.thelocal.de/20151020/deutsche-bank-mistakenly-send-client-6-billion Tue, 20 Oct 2015 12:17:47 +0200 deutsche-bank-mistakenly-send-client-6-billion Deutsche Bank warned Thursday that it would post a net loss of €6.2 billion ($7 billion) in the third quarter and that dividends for the year may be scrapped. https://www.thelocal.de/20151008/deutsche-bank-issues-loss-warning Thu, 08 Oct 2015 12:41:44 +0200 deutsche-bank-issues-loss-warning German prosecutors have charged eight former and current Deutsche Bank employees with alleged evasion of taxes on trading carbon emission certificates, it was revealed on Thursday. https://www.thelocal.de/20150813/deutsche-bank-employees-charged-in-scam Thu, 13 Aug 2015 16:44:05 +0200 deutsche-bank-employees-charged-in-scam A proposed sales tax on financial services would be highly lucrative for the German treasury, a study from the German Institute for Economic Research (DIW) forecast on Monday. https://www.thelocal.de/20150309/report-robin-hood-tax-would-bring-in-45-billion Mon, 09 Mar 2015 12:00:29 +0100 report-robin-hood-tax-would-bring-in-45-billion