Senior German lawmaker says no more aid for ailing banks



Germany will not grant any more state aid for ailing banks, a senior lawmaker in Chancellor Angela Merkel's conservative bloc said on Thursday, a day after the government denied it was working on a rescue plan for Deutsche Bank, its biggest lender.
Deutsche is disputing a fine of up to $14 billion (10.76 billion pounds) from the U.S. Department of Justice. Concern about the bank's financial health sent its shares to a record low on Tuesday.
Referring to the state rescue of banks on the brink of collapse after the 2008 global financial crisis, Hans Michelbach, a financial expert in Bavaria's... read more

 
29 September 2016 in Business, Views: 37
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31