BGN Entrepreneur

The German bank WestLB, which is owned by the state of North Rhine-Westphalia and savings banks, announced that it is going to hold talks with fou would-be buyers. According to Friedrich Merz, the lawyer overseeing the process, it is said that there had been interesting and well-based offers.
The bank has received numerous bailouts from the [...]

The German government has plans to make banks pay into a fund to cover the costs of future financial bail-outs approved.
The so-called “tax stability”, which is expected to increase about 1.2 billion euros (£ 1bn), will work closely with other countries, such movements should be observed.
Germany Finance Minister, Wolfgang Schäuble expected to draw up the [...]