A jeweller in western Germany turned robber in a desperate attempt to save his struggling business. The 48-year-old carried out a series of raids on banks and even another jewellery shop.
A 16-year-old in Germany made off with hundreds of euros after he held up a bank using a toy gun, but was quickly apprehended when he fled by bicycle, police said on Saturday.
A bank worker who tried to clear his tax debts by leaking information about clients to the German tax authorities has been sentenced to three years in prison.
The parents of a German intern who died after allegedly working a 72-hour shift at a London bank have paid tribute to their son describing him as their "sunshine".
The head of Germany's central bank has told Italy to stick to its pledges of budget cuts and economic reforms, warning there was no guarantee of being bailed out.
The head of Germany's biggest bank, Deutsche Bank, is conducting talks over a 50-percent write-down of Greek debt in his capacity as chairman of the global banking lobby, a newspaper reported Monday.
Bundesbank president Axel Weber says he decided not to run for leadership of the European Central Bank (ECB) because he did not enjoy the support of enough European governments.
Bank staff and police were forced to rescue a 62-year-old man in the Rhineland town of Mönchengladbach Tuesday night after he was accidentally locked in the bank’s vault at closing time.
The head of beleagured Düsseldorf-based bank WestLB said he expected it to turn a profit in 2010, based on figures that suggest the bank remained operative in 2009 without the need for restructuring.
A Swiss member of parliament alleged Saturday that top German public officials had secret bank accounts in Switzerland and threatened to out them if Germany bought stolen data on tax dodgers.
German tax investigators were in France this weekend to buy the now-notorious stolen Swiss bank data on 1,500 alleged tax cheats, magazine <i>Focus</i> reported Saturday.
Germany’s first Muslim bank is opening in Mannheim, with plans to set up ten branches across the country offering banking services according to the ethical rules of the Koran.
The president of Bavaria’s Savings Bank Association, Siegfried Naser, bowed to public pressure over the €3.75 billion BayernLB bank debacle and resigned on Wednesday.
Police in Hamburg are asking for information about an armed bank robber who disguised himself as an old woman on Friday, stole several thousand euros and escaped a huge operation to catch him.
Germany's government will take an 8.7 percent stake in the troubled bank Hypo Real Estate, which it is seeking to nationalise, the Munich-based lender said Saturday, reporting a net loss of €5.46 billion for 2008.
Regional French bank Credit Mutuel said on Friday that it will pay €4.9 billion ($7.7 billion) to buy the German business of US banking giant Citigroup, hard hit by the global financial crisis.
Germany's biggest bank, Deutsche Bank, dropped earnings targets for 2008 after posting its first quarterly loss in five years on Tuesday as a result of the global credit squeeze, writes AFP's Laure Fillon.
The German government announced that it intends to lead a €1.5 billion bail-out of the German small business lender IKB. Minister of Finance Peer Steinbrück (SPD) said that the state would contribute €1 billion to save the bank.
