AGP Executive Report
Last update: 10 hours agoDeutsche Bank in RMB clearing: Deutsche Bank has been designated Europe’s first non-Chinese renminbi clearing bank, boosting Frankfurt’s role in cross-border trade settlement. Markets and rates: Long-bond selloff pressure is back in focus, with 30-year yields rising sharply in Europe and the US—raising borrowing-cost concerns for governments and mortgages. German banking security: German investigators have smashed an international bank fraud network, with arrests reported after a banking hack probe. Payments and fintech: N26 has expanded instant payments via Wero, while Revolut pushes further European expansion with a France banking licence. Energy and infrastructure finance: Allianz flags that the data-centre boom is creating new risks and opportunities for insurers, and CVC DIF is buying majority control of German data-centre operator Firstcolo. Climate and shipping stress: Rhine water levels hit a record low, threatening shipping capacity and adding to the economic hit from drought conditions. Fraud watch: Scam reporting remains elevated in multiple regions, underlining ongoing consumer-risk pressure.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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