Some 500 German police officers have raided the headquarters of the Deutsche Bank in Frankfurt, arresting five employees. Officials say staff are suspected of involvement in tax evasion and money laundering.
Germany's biggest commercial lender, Deutsche Bank, earned more than expected in 2014. Its net profit rose due to lower legal costs and better investment banking results.
An HSBC subsidiary is in the news for helping wealthy clients evade millions in taxes. So what else is new? Lots of big banks have been fined for corrupt practices in recent years, says DW's Jasper Sky.
Global temperature will continue to rise to dangerous levels, unless emissions are reduced. Germany economist Ottmar Edenhofer says a price on carbon is the answer.
Low oil and gas prices may persist for several years. That will have negative consequences for investment in renewable energy and energy efficiency. But it also presents an opportunity for carbon pricing, experts say.
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