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Credit Suisse plans accelerated China expansion
Credit Suisse Group AG, one of the oldest financial groups of Europe, announced plans on expansion to China. To achieve the goal, the team on the mainland ill g...
Pyotr Kondrashev can be extradited to Russia
Former top manager of the Perm “Ecoprombank”, Andrei Tuev was handed over to Russian authorities by Cyprus law enforcement agencies in May this year. His name h...
Experts predict contraction of German economy in early 2021
The German's construction sector might contract in the first quarter of 2021 due to the impact of restrictive measures. The Covid-19 pandemic hit hardly the se...
Deutsche Bank to speed up branch closures to save costs
Deutsche Bank is continuing to close its branches, Bloomberg News reported Friday. The financial institution has slashed about 400 German branches over the pas...
Lebanon: Banks collapse as protests turn violent
In northern Lebanon, the street protests are intensifying while the public and private property had been attacked and banks set on fire. As the protests turned...
European Investment Bank ends fossil fuels funding
European Investment Bank (EIB) adopted a new climatic strategy, in which there is no place for fossil fuels projects, Axios reported. Since Friday, EIB has bec...
Zimbabwe: Central Bank ready to release cash after a decade
After a decade-long absence, Zimbabwe’s central bank announced its long-awaiting move, release cash, Bloomberg reported citing the government gazette on Saturd...