Comment: The failure of the Genobank merger is a testament to strength

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Cooperative Bank Unterallgäu and Raiffeisenbank Schwaben-Mitte wanted to merge but did not. Our commentator thinks this could be an advantage, too.

All banks are under pressure because they European Central Bank Inject cheap money into the markets. Countries that are heavily indebted should survive this way. Savers pay the bill. Zero or even penal interest means a noticeable loss of purchasing power at four or five percent inflation. One consequence of this: the banks earn less.

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