german

Major German Coop Bank Passes Negative Interest Rates to Customers

<header class=”article__header”> </header> <strong>One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about passing on negative rates.”</strong> …

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Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide

<header class=”article__header”> </header> <strong>Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany.</strong> Also read: Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000 …

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Major German Stock Exchange Group Launches Crypto Trading

<header class=”article__header”> </header> <strong>Boerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker.</strong> Also read: Indian Parliament Member Helping Crypto Community Influence Regulation German Regulated Crypto Trading Platform …

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Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE

</header> <strong>Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they use obscure …

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German Derivatives Exchange Rumored to Be Launching Crypto Futures

<strong>Eurex, a derivatives exchange that is operated by German exchange organization Deutsche Börse, has announced its intention to launch several crypto futures contracts. The company is reportedly planning to introduce contracts for BTC, ETH, and XRP.</strong> Also Read: US ETF Ruling to Inform South Korean Cryptocurrency Market Eurex Expected to Launch Crypto Futures Contracts Deutsche …

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