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A service for banking industry professionals · Tuesday, November 12, 2024 · 760,018,585 Articles · 3+ Million Readers
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Germany Banking Industry Newswire

  • Published on 07:21 GMT

    German Central Bank Joins MAS-Led Project Guardian

    Free Newsletter Get the hottest Fintech Singapore News once a month in your Inbox The Deutsche Bundesbank has become a member of Project Guardian, a global initiative led by the Monetary Authority of Singapore (MAS) that explores the use of asset …

    Source: Fintech News - Neutral
  • Published on 13:09 GMT

    Germany’s Deutsche Telekom joins NEAR as blockchain validator

    German telecom giant Deutsche Telekom has become the first telecommunication company to operate a validator within the NEAR Protocol. Deutsche Telekom AG, the world’s fifth-largest telecommunications company by revenue, is joining the NEAR ecosystem’s …

    Source: crypto.news - Neutral
  • Published on 11:40 GMT

    German economic sentiment deteriorates in November - ZEW

    The headline ZEW investor expectations index fell to 7.4 from 13.1 in October, coming in just below expectations for a reading of 13.0. Meanwhile, the current conditions index fell 4.5 points from October to -91.4 in November. ZEW President Achim Wambach …

    Source: ShareCast - Label Pending
  • Published on 16:10 GMT

    Vodafone hit by German legal changes as analysts warn of persistent challenges

    Vodafone reported its first-half service revenues rose by 1.7% to €15.1bn The group's adjusted earnings before nasties expanded by 3.8% to €5.4bn By HARRY WISE Updated: 10:44 EST, 12 November 2024 Vodafone enjoyed better sales and earnings in the first …

    Source: Daily Mail - Right-wing
  • Published on 11:40 GMT

    German CPI confirmed at 2% in October as food, services prices rise

    German inflation rose in October, driven by a rise in food prices and ongoing above-average increases for services, official data confirmed on Tuesday. The consumer price index stood at 2.0%, in line with an earlier flash estimate, compared with 1.6% in …

    Source: ShareCast - Label Pending
  • Published on 11:04 GMT

    Germany’s $1.7B Bitcoin loss: Selling BTC at $54K was a huge mistake

    In July, Germany sold nearly 50,000 bitcoins at around $53,000 per coin from seized assets to generate $2.8 billion. Fast forward to today, those holdings are now worth around $4.5 billion. That’s an estimated $1.7 billion in missed profits. Bitcoin’s 53% …

    Source: Cryptopolitan - Uncategorized
  • Published on 13:00 GMT

    Euro zone bond yields drop to multi-week lows on German gloom

    Euro zone yields fell on Tuesday after data showed German investor morale declined in November, reflecting concerns that U.S. President-elect Donald Trump's proposed policies could hit the European economy. The uncertainty unleashed by Trump's …

    Source: Zawya - Uncategorized
  • Published on 20:14 GMT

    Scholz Seeks to Revive Prospects Ahead of German Snap Election

    Breadcrumb Trail Links PMN Business Germany’s election campaign kicks into high gear on Wednesday, when Chancellor Olaf Scholz makes his case in a public address for another term, despite polls showing voters are overwhelmingly looking for a change. Author …

    Source: Financial Post - Center-right
  • Published on 10:58 GMT

    Germany’s Largest Union Agrees Key Pay Deal for Metal Workers

    (Bloomberg) — Germany’s biggest labor union struck a key wage agreement with employers that may raise pay for about 3.9 million workers and avert strikes in the country’s beleaguered manufacturing sector.  The deal covering the metal and electric parts …

    Source: Financial Post - Center-right
  • Published on 09:04 GMT

    European stocks slip lower; German inflation rises above 2%

    Investing.com - European stock markets slipped lower Tuesday as investors digested fresh regional employment and inflation data as well as quarterly earnings from some major companies.  At 03:10 ET (08:10 GMT), the DAX index in Germany traded 0.9% lower, …

    Source: Investing - Neutral
  • Published on 19:44 GMT

    Germany heads for February snap election

    Berlin — Germany is set to hold snap elections on February 23 after the collapse of Chancellor Olaf Scholz’s governing coalition, but officials warned on Tuesday it would leave the 2025 budget and several other policy initiatives in limbo. The election …

    Source: BusinessLIVE - Uncategorized
  • Published on 11:18 GMT

    Germany's economic sentiment falters as Trump's win casts shadow

    Germany's economic sentiment dropped in November as internal political gridlock and Trump's election stoked concerns. The ZEW index fell from 13.1 to 7.1, with experts citing fears over Trump's tariffs and stalled reforms in Germany's …

    Source: Euronews - Neutral
  • Published on 11:18 GMT

    Deutsche Explains Private Bank, German Retail Cost Squeeze – Report

    The head of the unit is quoted as saying that the bank has to do more to cut its cost/income ratio. Deutsche Bank has reportedly offloaded 111 senior managers in its retail and private wealth unit in order to cut costs to hit 2025 targets. The …

    Source: Wealth Briefing - Neutral
  • Published on 09:04 GMT

    German drag weighs on Vodafone's results, shares down

    Investing.com -- Shares of Vodafone (NASDAQ:VOD) fell on Tuesday, driven largely by concerns over the company’s ongoing challenges in Germany, which overshadowed otherwise stable results.  At 3:22 am (0822 GMT), Vodafone was trading 3.8% lower at £70.220. …

    Source: Investing - Neutral
  • Published on 09:02 GMT

    Vulcan pushes back large-scale production date for German lithium plant to 2027

    Lithium demand is forecast to surge later this decade from growth in lithium-ion batteries used in electric vehicles.Start-up Vulcan Energy will begin large-scale industrial production of lithium hydroxide in Germany in 2027, two years later than …

    Source: ETAuto - Uncategorized
  • Published on Nov 11, 2024

    Only 2% of Germans have tried Wero so far

    Wero, the new payment service backed by major European banks, remains largely unknown and unloved in Germany. Despite an introductory campaign, seven out of eight Germans report being unaware of the payment method, and only 2 percent have tried Wero so far …

    Source: Ecommerce News - Label Pending
  • Published on 13:12 GMT

    Global Markets Brace for Volatility as Bitcoin Nears $90K, S&P 500 Consolidates

    Bitcoin added another 10% and came just shy of the $90K per coin, while Ethereum flirted with the $3400 mark. The crypto-friendly Donald Trump – who says that the US should become the center of the digital assets – will probably remove the crypto-sceptics …

    Source: Investing - Neutral
  • Published on 13:12 GMT

    Gold Continues to Fall, Euro Remains Under Pressure Amid Trump-Driven Volatility

    Gold Continues to Fall Gold (XAU/USD) declined by over 2.4% yesterday, settling near the $2,600 support level. Experts believe this correction could lead to a further decrease. Traders expect the US Federal Reserve (Fed) to soften its stance on …

    Source: Investing - Neutral
  • Published on Nov 11, 2024

    Deutsche’s private bank fires over 100 bankers in cost-cutting drive

    Olaf Storbeck in Frankfurt November 11 2024 Jump to comments sectionPrint this page Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deutsche Bank has fired 111 senior managers in …

    Source: The Financial Times - Neutral

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