‘No reason to panic’: Commerzbank CEO states loan providers are better organized to offer with financial loan defaults

Crucial Points

“The German economic climate is facing a tough time in advance of us thanks to the Ukraine conflict, China, source chain challenges and the power disaster,” Commerzbank CEO Manfred Knof advised CNBC on Thursday.
“Most likely the German overall economy is heading into a downward [trajectory] and possibly into a economic downturn but the excellent information is there no cause to worry,” he included.
Fears of a economic downturn have been exacerbated amid the likelihood of a winter gas scarcity in Europe.

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Finance

Goldman Sachs reports third-quarter earnings before the bell

October 14, 2025

Key Points Goldman Sachs reports third-quarter earnings before the market opens Tuesday. Wall Street analysts expect earnings per share of $11 on revenue of $14.1 billion, according to LSEG. Goldman executives will hold a call with analysts at 9:30 a.m. ET. Source

Finance

Chinese stocks slide as Trump threatens tariffs, accuses Beijing of holding world ‘captive’

October 10, 2025

In this article PDD 9618-HK BIDU 9988-HK Follow your favorite stocksCREATE FREE ACCOUNT Cheng Xin | Getty Images Chinese stocks trading in the U.S. tumbled Friday after former President Donald Trump threatened to sharply raise tariffs on Chinese imports if he returns to office, warning that China has become “very hostile.” Alibaba and Baidu each […]

Finance

Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October

October 10, 2025

ETF Edge Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October Published Fri, Oct 10 202512:02 PM EDTUpdated 2 Min Ago Krysta Escobar Jill Schneider WATCH LIVE Source