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GLG News by Banking Experts (Germany)

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September 4, 2007
Necessity for restructuring public sector banks in Germany
Analysis of: Banking bother | news.moneycentral.msn.com
Author: GLG Expert Contributor
1)After rescue of IKB and Sachsen LB the pressure on German politicians to get out of banking is becoming stronger. 2)The German Banking is overcrowded with banks such as private banks, saving banks and deposit taking cooperatives. Due to insufficient profitability restructuring of certain institutions...
April 9, 2007
Economists demand adjustment of major currencies in order to avoid global distortions
Analysis of: Economists demand adjustment of major currencies | www.faz.net
Author: GLG Expert Contributor
  Only comprehensive adjustments in values of major international currencies could gradually reduce the recent distortions in the current accounts of the main industrial nations, their disputes on foreign trade policies as well as the risk of a global recession.This is the warning message sent...
October 12, 2006
Consumer Loans are higly lucrative business in Germany
Analysis of: Sofa auf Pump (Sofa purchased thru financing) | www.faz.net
Author: GLG Expert Contributor
Big German banks will try to enhance their market share in consumer finance. The number of companies from non financial sector entering this segment will also grow in Germany.

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