Swedish bank SEB said on Monday it had signed an agreement to sell its German retail banking business to Santander, the biggest Spanish bank, for €555 million ($698 million).
European Central Bank chief economist Jürgen Stark has said "the worst is over" after a key ECB loan deadline passed smoothly and German data showed industrial production in Europe's top economy had soared in May.
A €5 limit on cash machine withdrawal fees offered by banks amid intense criticism and government pressure was dismissed Wednesday by the competition watchdog as not good enough.
Dieter Frerichs, a German hedge fund manager, has committed suicide to avoid arrest and possible deportation to his homeland where he is wanted for fraud, Spanish police said Tuesday.
Many expats used to free banking back at home are often shocked when they try to open an account in Germany. <b>Joe Morgan</b> uncovers the pitfalls of hidden bank fees.
Eleven years after the introduction of the euro every second German still longs for the return of the Deutsche mark, according to a new poll published on Tuesday.
As Chancellor Angela Merkel arrived in Canada for a G20 summit, Sigmar Gabriel, the head of Germany’s centre-left opposition Social Democrats, on Friday backed US criticism that her government’s proposed austerity measures posed a threat to the global economy.
Britain, France and Germany have agreed to introduce levies on banks to make them help pay for global recovery, the European heavyweights said in a joint statement Tuesday.
Nobel Prize-winning US economist Paul Krugman launched a withering attack on Monday on Axel Weber, the head of Germany's central bank and the most likely successor to European Central Bank President Jean-Claude Trichet.
Anshu Jain already captains Deutsche Bank's cricket team, and a boardroom reshuffle last week means that the Indian big-hitter is now seen as a prime candidate to become chief executive too.
France and Germany will table joint proposals at a European Union summit this week to withhold voting rights from countries that break the bloc's fiscal rules, the leaders of the two countries said on Monday.
France and Germany on Wednesday called for a European ban on certain high-risk financial market instruments such as naked short selling in a joint appeal that came amid tensions over the eurozone debt crises.
Deutsche Securities said Wednesday it mistakenly placed sell orders worth ¥16.7 trillion ($182 billion) at Japan's second largest bourse due to a software glitch.
Germany's cabinet on Wednesday approved a draft law expanding a ban on naked short selling which angered its international partners to include all stocks traded in Germany.
The French head of the European Central Bank on Monday differed sharply with his possible German successor over a radical switch of ECB policy to buy up government bonds which critics say could stoke inflation.
Horst Köhler, whose resignation as Germany's president Monday shocked the nation, was rarely shy of expressing an opinion on political issues - a trait that eventually brought him down.
The New York Times on Thursday blasted Germany for its reaction to the Greek debt crisis. But the paper’s criticism of Berlin is naïve and flawed, argues The Local’s Marc Young in an editorial rebuttal.
Germany on Wednesday defended its decision last week to ban naked short selling, saying it wanted a "signal to markets" it will not tolerate "excessive speculation" regardless of international criticism.
New British leader David Cameron and German Chancellor Angela Merkel sought to play down sharp differences on how to shore up European financial stability during their first official talks in Berlin on Friday.
Germany’s governing coalition on Friday managed to push a billion-euro rescue package for the eurozone through parliament after warning the future of Europe’s single currency was at stake.
Germany has made a huge mistake in backing an emergency rescue package for eurozone countries, argues president of the Ifo economic institute Prof. Hans-Werner Sinn.
German Chancellor Angela Merkel on Thursday took up her campaign for greater financial market regulation and stricter EU budgetary rules at a meeting in Berlin with top officials from around the world.
Chancellor Angela Merkel called Wednesday for a radical overhaul of Europe's fiscal rules along German lines, warning of "incalculable consequences" for the European Union if the euro were to fail.
Germany clamped down on speculative trading, introducing new rules Wednesday in a bid to ease the market volatility it says threatens the eurozone economies.
