Category: Commerzbank




Major German Coop Bank Passes Negative Interest Rates to Customers


Major German Coop Bank Passes Negative Interest Rates to CustomersOne 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.” Also read: Massive […]

The post Major German Coop Bank Passes Negative Interest Rates to Customers appeared first on Bitcoin News.


Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide


Massive Layoffs: Banks Cutting Nearly 60,000 Jobs WorldwideBanks 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. Also read: Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000 Almost 60,000 Job […]

The post Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide appeared first on Bitcoin News.


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