BERLIN (Reuters) - Deutsche Bank Chairman Paul Achleitner has ruled out a European merger or a state bailout after the lender's mortgage settlement with the U.S. Department of Justice, Frankfurter Allgemeine Sonntagszeitung reported. The bank, Germany's ... Sify, 1 month ago
By Jamie McGeever LONDON (Reuters) - In an attack on Germany, U.S. President Donald Trump's top trade adviser said the euro was "grossly undervalued", a charge which may ring true for the German economy but not for the 19-member currency zone as a whole. The ...Sify, 3 weeks ago Trump, trade adviser signal displeasure with U.S. 'strong dollar' policy Sify, 3 weeks ago
By John O'Donnell, Anjuli Davies and Andreas Kröner FRANKFURT/LONDON (Reuters) - German regulators will meet more than 20 foreign banks on Monday to spell out requirements for moving some operations to Frankfurt, people familiar with the matter said, as the ...Sify, 1 month ago EXCLUSIVE: Germany calls bankers to Frankfurt for Brexit move talks - sources Sify, 1 month ago
By Noah Barkin DAVOS, Switzerland (Reuters) - A trade war between the United States and China and a strengthening dollar are among the biggest threats to a brightening global economic outlook, according to leading economists at the World Economic Forum in ...Sify, 1 month ago
Ajit Balakrishnan on understanding the anti-cash chorus. IMAGE: In India, the anti-cash chorus is led by the private equity industry and entrepreneurs in the so-called FinTech industry which has set its sights on dis-aggregating the banking industry. Photograph: Amit Dave/Reuters. Suddenly the word “cash” has taken a place alongside words like “casteism”, “poverty” and “illiteracy” as a symbol of all that is wrong with the Indian society and which ...Rediff.com, 2 months ago
The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh. Around Rs 2,482-Rs 4,800 billion of money will not be converted and remain outside the banking system. To that extent, currency liability of the Reserve Bank of India (RBI) will get extinguished. While there is almost a complete unanimity of the accounting treatment in the sense that corresponding assets will also have to be ...Rediff.com, 2 months ago
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