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GERMAN DEPOSIT ACCOUNTS
What should international students know about Germany's blocked account requirement?Germany requires international students and job seekers to open a blocked account, known as a Sperrkonto, to prove financial self-sufficien...- EU's six biggest economies agree on capital markets supervisionEurope's six largest economies have agreed to back more centralized supervision of capital markets. This move is crucial for integrating Eu...
- ED raids German company's Indian subsidiary in case of alleged fraud fraud involving Rs 130 croreThe Enforcement Directorate has frozen financial assets worth over Rs 9 crore in a money laundering investigation involving former employee...
- Fed, ECB may slash bank reserves by 90% in new era of high ratesU.S. Treasuries and German government bonds command a premium on the market because of their liquidity and safety, meaning banks have less ...
- I-T tribunal's Mumbai bench uncovers $309,000 in tax haven, slaps fresh taxes on assesseesThe tax tribunal's order encompasses various financial years, including 2001-02, in which the opening balance in Marnichi Trust was added t...
- Centre likely to give fresh affidavit on black money in Supreme Court todayThe Centre will reveal the names of three Indians in the affidavit against whom prosecution has been launched for stashing black money in f...
- Cyprus kills banking as we all knew itWhile the many charms of removing capital controls have enticed many in India's policymaking circles, there is a case for hastening slowly.
- Cyprus is to Russia what Mauritius is to IndiaDoddering Cypriot banks have been crippled by their exposure to the financial crisis in Greece.
- Bankers still subject of anger: Anshu JainAnshu Jain says telling people he works in banking is a conversation-killer, as the industry fails to convince the general public that it’s...
- Deutsche Bank increases domestic, NRE deposit ratesFor domestic depositors, the German bank will now give 9.25 per cent interest for 2-3 year tenor deposits against earlier 8 per cent, Deuts...
- Government may soon reveal names of those with illegal foreign accountsSources said in the LGT case, the I-T department has moved courts in different cities, including Mumbai, Chennai and Delhi initiating prose...
- Don't have info on Swiss a/c then give affidavit: CIC to MEAThe application was forwarded, under the provisions of the transparency law, to the MEA to provide a suitable reply.
- Swiss-German tax treaty may end European bank secrecySwitzerland’s tax treaty with Germany may finish banking secrecy in Europe and prompt withdrawals as Swiss banks will no longer guarantee c...
- I-T notice to 50 as Germany gives black money listIndia has acted on the black money list provided by Germany.
- Some biggies on list of LGT Bank account holdersSome well-known industrialists, few small-time politicians and a large number of not-so-prominent traders and businessmen figure in the lis...
- Merkel slams Ireland over bank guaranteesGerman Chancellor Angela Merkel criticised Ireland's unilateral move to protect its banks as "unacceptable" Tuesday, saying Dublin had not ...
- Germany offers 568-bn guarantee to all private banksThe German government has decided to guarantee all private German bank accounts worth e568 bn ($776 bn) to prevent panic withdrawal as fear...
- Berlin pulls out stops to reassure savers, investorsThe German government raced on Monday to reassure investors and individual savers it will protect Europe's biggest economy from falling vic...
- Europe scrambles for rescue plansWith Germany making a blanket guarantee to cover all of the country's savings, other European countries were under increased pressure on Mo...
- Britain mulls buying shares to recapitalise banks: reportsThe British government is considering shoring up ailing banks with billions of pounds in return for shares, media reports said Monday, as G...
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