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German banks to experience far-reaching consolidation: study

Retrieved on: 2018-02-01 04:48:45

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<div>The report's authors estimated that ultimately only between 150 and 300 institutions out of currently around 1,900 German banks would survive. Oliver Wyman attributed this predicted outcome to a combination of factors including intensified competition from new <b>financial technology</b> firms (fintechs) and ...</div>

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