commerzbank

Pressure grows on China for big policy moves to fix sagging economy

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This photo taken on February 21, 2024, shows an employee working on a new energy vehicle assembly line at a BYD factory in Huai’an, in China’s eastern Jiangsu province. | Photo Credit: AFP As the annual meeting of China’s Parliament approaches next month, its leaders are facing the greatest pressure in almost a decade to … Read more

Commerzbank wins crypto custody licence in digital assets push

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Commerzbank AG has received a crypto custody licence, providing more evidence that European banks are growing warmer toward the asset class.The license will allow the bank to “build up a broad range of digital asset services, with particular emphasis on crypto assets,” the Frankfurt-based bank said in a statement on Wednesday. It’s the “first German … Read more