EU financial sector facing severe risks to stability, warns ESRB
Eurozone’s top financial regulators have warned that the region’s financial sector is facing “severe risks” to its stability due to the Russia-Ukraine…
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Deutsche Bank and Visa collaborate on fraud prevention
German financial services group Deutsche Bank and payment technology provider Visa are joining forces to prevent fraud in online retail. As a result of this collaboration,…
Italy’s UniCredit eyes M&A deals in Germany
Italian banking group UniCredit is eyeing potential acquisitions in Germany in a bid to become a fully developed European bank, Reuters has reported, citing…
Germany’s OLB buys Degussa Bank in €220m deal
Germany’s Oldenburgische Landesbank (OLB) has brokered a deal to buy Degussa Bank to expand retail operations in the country. OLB…
BaFin has no intentions to sell VTB Bank’s European arm
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict German financial…
Germany’s consumer lending market grew 4.6% in 2020
The consumer lending market in Germany grew 4.6% in 2020 to reach a value of $2.1tn (EUR1.8tn), according to GlobalData's…
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Hawk AI, Diebold Nixdorf partner to deliver fraud prevention suite to banks
Hawk AI, a Germany-based software provider of anti-money laundering surveillance, has announced a new partnership with Diebold Nixdorf, a financial…
JPMorgan on hiring spree in Germany to expand retail operations
US financial services group JPMorgan is looking to hire a team of retail bankers in Germany in a bid to…