International Finance

Tag : Germany

Banking

Deutsche Bank to finally settle US mortgage probe

Will pay $7.2 billion to resolve the case IFM Correspondent December 23, 2016: Deutsche Bank AG said it reached a $7.2 billion agreement to resolve a year-long U.S. investigation into its dealings in mortgage-backed securities, removing a legal hurdle that fuelled investor angst. Deutsche Bank will pay a $3.1 billion civil penalty and provide $4.1...
Economy

The real shopping season sales killer

Chargeback volumes can increase by as much as 50% during the holiday season Monica Eaton-Cardone November 24, 2016: With the holiday season just around the corner, merchants are preparing for the most active online shopping time of the year. But, while many focus on marketing and deals, retailers and issuers face a bigger overlooked issue...
Economy

UK Black Friday growth may surpass that of US

Global online retail analysis reveals rise in UK spending while US shoppers migrate to cyber Monday IFM Correspondent November 24, 2016: The UK is set for higher online Black Friday retail spending growth than the US, according to new data from Ingenico ePayments, the online and mobile division of Ingenico Group. Ingenico ePayments’ global analysis of online retail...
Wealth Management

Japan scores low in financial literacy

Aversion to risk poses challenge to reversing the prolonged deflation in the economy Suparna Goswami Bhattacharya November 22, 2016: Despite being among the most industrialised and developed nations in the world, Japan surprisingly scores very low on financial literacy. According to a survey by the Central Council of Financial Services Information, Japanese are averse to...
Banking

‘Now, we have to deliver even more than expected’

Interview with Cezary Kocik, Vice-President of the Management Board, Head of Retail Banking, mBank Suparna Goswami Bhattacharya October 3, 2016 What factors led the transition of BRE Bank from a corporate bank to retail banking and eventually mBank? When BRE Bank decided to establish its retail business, Poland was just past a decade of transition....
Economy

Brexit: So far so good for the UK

International Finance Desk
Among other things, it is more price competitive in global markets, thanks to the depreciation of the pound Suparna Goswami Bhattacharya September 26, 2016: Though talks of the adverse after-effects of Brexit have been going on for a while, things have not been as bad for the country as was predicted, at least for now....