News Topic: Germany

The Swedish installment lender's diversification makes it a direct competitor to mainstream banks. ... Read full article

Raisin is planning to create an online marketplace for high-yield savings accounts and CDs for the U.S., but persuading Americans to save could be a challenge. ... Read full article

Deutsche Bank and Commerzbank ended talks on a historic tie-up, throwing the future of the lenders into question after a series of failed turnaround plans. ... Read full article

While there is no formal mandate to pursue a merger and other options are still being considered, Deutsche Bank Chief Executive Christian Sewing is said to have given up his resistance to doing a deal this year. ... Read full article

Deutsche Bank's key regulators would prefer the lender merge with a European rival rather than local competitor Commerzbank, setting them apart from forces in the government keen on an all-German deal. ... Read full article

A consolidation of Germany's fragmented banking market is very much in the cards, following months of speculation. ... Read full article

The new CEO is trapped in the same feedback loop of negative news, rising funding costs and declining revenue that foiled his predecessor. ... Read full article

Silicon Valley Bank expects to receive a banking license from Germany's Federal Financial Supervisory Authority by the end of May and to open its first German location in Frankfurt in the coming weeks. ... Read full article

With talks about Brexit largely deadlocked, banks have begun putting their contingency plans into action. The focus: Frankfurt. ... Read full article