The global shipping meltdown is crushing German banks – Business Insider


Business Insider
The global shipping meltdown is crushing German banks
Business Insider
When Commerzbank, Germany’s second largest bank, reported earnings on Thursday, it made another groan in direction of the collapsing maritime shipping industry. It raised its loan loss provisions to €900 million, as it said, “in timely response to the …

Source: shipping – Google News

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