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Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money


Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss...

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CoinMarketCap Daily Newsletter Your daily newsletter for 6 December, 2019 “Happiness is a choice that requires effort at times.” - Aeschylus   In today's newsletter, we will be covering: Deutsche Bank research saying crypto replacing fiat currencies by 2030 Microsoft announcing […] The post...

Deutsche Bank: Fiat Money is Fragile, Crypto - Inevitable


The forces that hold the fiat money system together look fragile and, over the next decade, some of these forces could begin to unravel and demand for alternative currencies, from gold to crypto, could take off, German banking giant Deutsche Bank said in its recent report Imagine 2030. "While...

Banks Are Cutting 75,700 Jobs Worldwide


Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...

Survey: 58% of German Banks Charge Negative Interest Rates


Germany’s central bank, the Deutsche Bundesbank, has conducted a survey of banks charging negative interest rates on customer deposits. Some are charging retail customers as well as corporate clients. An independent price comparison portal shows which banks are currently charging for deposits...

[článek] Nové přístroje Deutsche Telekomu pro Magenta TV


[5 minut čtení] Plochý přijímač nahradila kostka. Německý telekomunikační gigant představil na veletrhu IFA dvě nová zařízení pro svou IPTV službu, kterou obchodně prodává pod značkou Magenta. Na letošním ročníku veletrhu spotřební elektroniky IFA 2019 představila společnost Deutsche Telekom...

Major German Coop Bank Passes Negative Interest Rates to Customers


One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about...

Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide


Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...

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