Germany’s second largest bank plans to near-halve its branch network and cut workforce by a fifth.
Western Europe
Latest articles from Germany
Commerzbank bangs the drum for open banking
January 21, 2021Head of API Christoph Berentzen on how bank is prioritising open banking principles.
Germany greens its reference rate
December 1, 2020Germany has made long-awaited green sovereign bond debut with innovative 'twin-bond' approach
German banks struggle to regain returns equilibrium
January 24, 2019Germany’s two biggest banks have struggled to regain their balance over the past few years. Talk of a tie-up between Deutsche Bank and Commerzbank is heating up again, though both lenders have a raft of issues to work through first. Kat Van Hoof reports.
Stable, solid, but are Germany's banks prepared for coming challenges?
January 2, 2019Low interest rates and lacklustre profitability could spark consolidation in the German banking sector. Despite these challenges, the system remains well capitalised with low NPLs and the prospect of benefiting from Brexit, as Kit Gillet reports.
Clemens Fuest: A plan to guarantee German prosperity
September 3, 2018Reforms at home and a strengthening of EU co-operation are crucial to Germany’s continuing economic health, writes the economist and president of the IFO Institute.
Will Germany reach an EU consensus?
January 2, 2018From being an EU stalwart, Germany finds itself divided into supporters and sceptics, with long-serving chancellor Angela Merkel fighting to form a government that can keep the European project on track. Stefanie Linhardt reports.
Talking tough on Brexit: a German perspective
May 29, 2017Andreas Dombret, a board member at Deutsche Bundesbank, Germany’s central bank, tells Stefanie Linhardt about the consequences of a no-deal Brexit, and what banks looking to relocate from the UK to Germany should expect.
Andreas Dombret: the German view of Brexit
March 28, 2017Andreas Dombret, member of the board at Deutsche Bundesbank, Germany's central bank, tells Stefanie Linhardt about the issues banks thinking of re-locating to Germany would have to consider, the negative consequences lower standards of regulation could bring for financial markets and the risks of a 'no deal' Brexit.
Ludger Schuknecht: Fiscal normality must be the focus
January 3, 2017The risks of blind fiscal expansion to generate growth are too great. The priority should fall upon fiscal consolidation and improving the quality of public finances instead.