German Banks

Deutsche WertpapierService Bank (Dwpbank), a provider of securities processing to approximately 1,200 banks in Germany, plans to launch a new platform called wpNex. This platform will offer Bitcoin access to all affiliated retail customers in the latter half of 2023. The innovative service will...

German bank Deutsche Bank AG (NYSE: DB) has suffered three consecutive years of losses and the company's head office was raided by German police officers in late November in connection with a money laundering investigation. As one of the country's most important financial institutions...

The people of Britain have spoken and decided the fate of their country's future is better served by lawmakers in London, rather than Brussels. The impact of the UK's exit from the European Union is relatively unknown as it is the first of its kind in history. This doesn't mean that...

Rating agency Fitch sees some of the large German banks reducing or eliminating trading activities in the face of new regulations rather than split into two institutions. The comments come following news last week that German regulators agreed to draft legislation that requires that banks cannot...