Germany's second-largest bank, Commerzbank, is planning to cut between 4,000 and 6,000 jobs. The lay-offs are part of a larger trend of scaling back among German banks.
Germany's second-largest bank has reportedly helped foreign investors exploit tax loopholes that cost the state billions of euros. Apparently though, the deals weren't good enough to boost its first-quarter profit.
With a simple trick, the Asian Development Bank will greatly increase its financial fire power. Is there a catch? Is the move a reaction to competition by China's new development bank, asks Andreas Becker in Frankfurt.
Bangladesh’s infrastructure is in a catastrophic state. Projects financed by the Asian Development Bank seek to change that. Bettina Stehkämper examined a new bridge that's made the lives of 200,000 people easier.
Germany's biggest lender, Deutsche Bank, has reported a profit for the first quarter of the year. The positive result surprised many analysts and indicated the bank was recovering from its huge loss in 2015.
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