The Association of German banks lowers its forecast for economic growth
A slowdown in investments remains a weak point in the German economic landscape, the Bundesverband deutscher Banken (BdB) said on Thursday.
Western Europe
Booming equity markets give a boost to Swiss private banking industry
All things considered, 2017 was a good year for Swiss private banks although the main contribution to the improved situation was the positive development of the financial markets, says KPMG.
BOS to open wealth management subsidiary in Luxembourg
Bank of Singapore (BOS) has been granted an investment company licence to operate a wealth management subsidiary in Luxembourg – a first for a Singapore private bank.
Dutch companies import business services worth 16 billion euros
The value of business services imported by the Netherlands in the first quarter of 2018
China to Antwerp by train through the Silk Road
The first Silk Road train exclusively destined for Antwerp arrived at Belgium's largest port on Saturday.
European Commission greenlights Bayer-Monsanto mega-merger
The European Commission, EU's executive arm, has approved the acquisition of U.S. seed maker Monsanto by German conglomerate Bayer.
Deutsche Bank's DWS to be listed in the next few days
Deutsche Bank, Germany's biggest lender, plans an initial public offering of its institutional and wholesale asset management wing, DWS, next week Reuters reported citing sources close to the matter.
GERMANY: Berlin tops the rankings for European real estate investment in 2018
For the fourth consecutive year, Berlin takes the first place in the ranking of top European cities for real estate investment and development in a survey published jointly by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC).
EU plans to lower capital requirements to boost banks' green investments
The European Commission said it is considering lowering capital requirements for banks’ environmentally-friendly investments in a bid to support sustainable finance and take action on climate change. “This could be done at first stage by lower
SWITZERLAND: Credit Suisse's strategy to attract the world’s ultra-wealthy
Zurich-based Credit Suisse, is trying to attract more high-net worth individuals by offering them shipping, aviation and real estate loans according to a news report in Reuters.
