ECB President Mario Draghi appeared in Berlin on Wednesday to defend the institution from some of its sternest critics — German lawmakers.
German lender Deutsche Bank sought to reassure investors on Monday, telling CNBC that it's CEO hadn't asked for government assistance.
President of the European Central Bank sees overcrowded banking industries in Europe as one reason for the sector's low profitability.
Commerzbank, Germany's second-biggest lender, will announce plans to split up its Mittelstandsbank at the end of the month, sources tell CNBC.
The European Central Bank is likely to stick to the philosophy of “if you’re in trouble, double,” when its rate-setting team meets Thursday, according to an economist at one of Germany’s biggest banks.
The central bank and Mario Draghi has been trying to push inflation back to its goal of around 2 percent with a plethora of measures.
Greek stocks fell nearly 4 percent on Tuesday and 10-year debt yields remained above 11 percent, following reports that the IMF had suggested Greece needed further debt relief.