The banking crisis in Europe: Deutsche Bank is just the tip of the iceberg
The banking crisis in Europe is gaining momentum. And although the facts of this destructive process are hidden, more and more moments become visible to others. This was particularly vividly…

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Reasons to open a foreign bank account today!
What could be more important than the safety and stability of your savings and assets? Perhaps only the reliability of your bank. Yes, it is the bank that should be…

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Types of money
Money currently exists in the form of cash and non-cash money. Cash exists in the form of coins, banknotes (credit money, bank notes) and treasury notes. Sometimes cash also includes…

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Banking services people need
The bank chose an evolutionary path of development and this model suits me as a consumer. New products appear, services become more convenient. A few years ago I became the…

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The reaction of the German banks mentioned in the “Panama scandal”

The day after the announcement of the “secret” documents of the Panamanian law firm Mossack Fonseca in the German newspaper “Munich” a statement by the German government appeared. This statement was due to the fact that the publications mentioned two German banks that had a relationship with the firm Mossack Fonseca. Their German government officials were quick to assure the public that measures would be taken to amend German law in order to prevent the anonymous use of companies. German Justice Minister Heiko Maas said that Germany is at the forefront in the fight against money laundering and the fight against terrorism. Continue reading