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investments

German investor confidence tumbles
Business

German investor confidence tumbles

German investor confidence fell sharply in May, following five straight months of increase data showed Tuesday, while a poll of Financial analysts showed growing concern about the eurozone debt crisis.
German banks to avoid Greek state bonds
finance

German banks to avoid Greek state bonds

In further signs of the finance world’s shattered confidence in Greece, major German banks plan to stop buying government-backed investments in the ailing country, business daily <i>Financial Times Deutschland</i> reported Friday.
Banks forced to tell customers about risks
Economy

Banks forced to tell customers about risks

Under threats of intervention from the government, Germany’s big banks are scrambling to hand out consumer information packs explaining the risks of various accounts and investments, a report revealed Sunday.