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The longtime Republican operative said Republicans should strip committee assignments from the newly elected lawmaker from Georgia. Karl Rove, former Deputy Chief of Staff and Senior Advisor to U.S. President George W. Bush, speaks during.....»»

A senior Federal Reserve official on Tuesday defended before Congress the central bank's decision to allow lenders to continue issuing dividends, even as the regulator seeks permission from lawmakers to further relax capital rules......»»

U.S. stocks extended gains Tuesday as governments inched toward letting businesses reopen and central banks stepped in with more support for ailing .....»»

Any state support for Germany's largest airline, Lufthansa , must come with strings attached, a senior legislator for the Social Democrats said, suggesting that management should be banned from receiving dividends or bonuses......»»

Mercedes-Benz maker Daimler has seen business stabilise in China after the country ended coronavirus lockdowns, a senior manager at the German carmaker told a newspaper on Sunday......»»

Reuters/ Jessica Rinaldi Steve Eisman, senior portfolio manager at Neube.....»»

Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts......»»

As Germany rolls out a 750 billion-euro economic stimulus package, officials and experts are discussing whether German lenders, including Deutsche Bank AG and Commerzbank AG, will be able to weather the economic fallout of coronavirus without state help......»»

The investment seemed virtually risk-free, guaranteeing hefty returns after only a short season of trading. By exploiting how Germany once taxed dividend payments, dozens of bankers,.....»»

A senior Democratic senator on Tuesday raised concerns that a federal regulator probing allegations that Fifth Third Bancorp employees created phony accounts may be conflicted because one of its staffers previously worked at the bank......»»

"You're Trampling On The Constitution": Merkel-Allied Lawmaker Opposes "Debt-Brake" Suspension Update (0930ET): A German lawmaker allied with.....»»

Senior Federal Reserve staff proposed ending longer-term loans to banks after April as part of a broader blueprint laying out how the central bank could scale back the support provided to money markets, the minutes from the January policy meeting showed......»»

One of the oldest banks in Europe, von der Heydt, is developing a euro stablecoin to facilitate private placements in securities tokenized on the Stellar blockchain......»»

Banks Tighten Credit Card, Auto Loan Standards As C&I Loan Demand Continues To Shrink The latest senior loan officer survey, released earlier today by the Fed, showed .....»»

Negative Rates Are Forcing German Banks To Hoard So Much Cash They're Running Out Of Space The increasingly unstable and unpredictable world isn't the only reason why betting on safe-.....»»

European stocks opened lower Friday in the wake of the U.S. missile strike killing a senior Iranian general in Baghdad. The German DAX fell 0.9.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

A U.S. congressional committee will ask Wells Fargo & Co’s board of directors to testify about the bank’s sales scandal next year, a senior Democrat told Reuters on Thursday......»»

Wells Fargo's board of directors will be called to testify before Congress about the bank's numerous scandals sometime in 2020, a senior U.S. House lawmaker told Reuters Thursday......»»

"Floodgates Are Open" - German Banks Start Charging Retail Savers It has been over 7 years since the European Central Bank's key depos.....»»