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Showing 1 - 2 of 2 results for "Bavaria"

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
... Deutsche Bundesbank president and ECB governing council member Jens Weidmann used his speech at the Ludwig-Erhard Summit in Bavaria to do the same. Like Kuroda, Weidmann's words partly aided in reversing the rise in euro area bond yields, after the release ...

Negative interest rates drive spike in safe sales

MARK SMITH  |  THURSDAY, 9 JUN 2016
... sources at German bank Commerzbank say it is considering storing cash in vaults. Other reports say some savings banks in Bavaria have also explored storing physical cash. Munich Re chief executive Nikolaus von Bomhard also said this year that the reinsurer ...
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