The Local Germany

Deutsche Bank could slash up to 20,000 jobs

Mon, 01 Jul 2019 16:22:37 +0200

Banking giant Deutsche Bank is considering slashing more than a fifth of its workforce, according to media reports.

Liveblog: Blockupy anti-ECB demo in Frankfurt

Wed, 18 Mar 2015 11:32:42 +0100

Frankfurt remains on alert after a morning of violence, burned cars and hundreds of arrests gave way to what is hoped to be an afternoon of peaceful protest. Organizers of the "Blockupy" demonstration against the new European Central Bank (ECB) building said they distanced themselves from the violence. Follow the latest updates here.

Schäuble wants brand new EU treaty

Fri, 02 Sep 2011 10:14:00 +0200

German Finance Minister Wolfgang Schäuble has told the leadership of his Christian Democratic Union party that he wants the European Union to create a new treaty that gives Brussels greater powers in financial policy.

Naser steps down over BayernLB fiasco

Wed, 23 Dec 2009 17:05:00 +0100

The president of Bavaria’s Savings Bank Association, Siegfried Naser, bowed to public pressure over the €3.75 billion BayernLB bank debacle and resigned on Wednesday.

Economy Ministry under fire for outsourcing bank law

Wed, 12 Aug 2009 14:24:00 +0200

German politicians lambasted the Economy Ministry on Wednesday for outsourcing a draft legislation to a law firm, calling it “suspicious” and “unprofessional,” news magazine Der Spiegel reported.