Payments News -

New credit card champions

Though there have been attempts to reshape the German banking market for many years, real change has accelerated during 2008, with three key deals announced worth nearly €17.5 billion (Table 1). These were Crédit Mutuel’s €4.9 billion purchase of Citibank’s German retail banking operations, the €9.8 billion purchase of Dresdner Bank by Commerzbank and Deutsche [...]

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