Major banks are rolling out their latest earnings reports. DW spoke with Jörg Rocholl, President of ESMT, about the banking sector. He says that its full of challenges.
German lender Deutsche Bank has presented its second-quarter earnings report, pointing to surging net and underlying profits. But Chief Executive John Cryan is unhappy about a drop in revenues across all divisions.
Finally, there's been some good news for Deutsche Bank after so many bad headlines in recent months. The German lender logged a third-quarter profit, but it's far from being in calm waters yet, says DW's Henrik Böhme.
Only 5 percent of international bailout money for Greece was used to kickstart the country's languid economy, a new study has found. The rest was used to pay back private creditors, many of which were banks.
Share markets around the world have tumbled as fears over the health of the global economy caused a fierce sell-off in banks and commodity stocks. Europe's top share index slumped to its lowest in two and a half years.
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