Germany is preparing to tighten banking regulations so taxpayers don't foot the bill for future bank crises. It's not the only European country planning new laws against reckless bankers.
In most countries, the global financial crisis has led to a ballooning of sovereign debt levels. Large-scale economic stimulus programs and bank bailouts have been a costly affair, a fresh study bears out.
Royal Bank of Scotland Group has applied for a German banking license so it can maintain access to European markets after Brexit. The owner of ABN-AMRO will upgrade its Frankfurt branch.
The global liberal order is fragmenting, but who can fit the pieces together again? That's the question posed by the report, released as a curtain-raiser for this week's Munich Security Conference.
UK officials have launched a criminal investigation into a prominent backer of the campaign for Britain to leave the European Union. Arron Banks has been accused of siphoning Russian cash into the election effort.
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