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Detailed text transcripts for TV channel - DW - 20180829:10:26:00

From our markets man paul britt standing by a different for a stock exchange falls germany s second largest bank amounts one could even be ousted from the dax index and be replaced by one of its new competitors from the tech sector how do we come about how do we get to that point. yes chris of that decision it seems very likely it s up next week and that would be a strong sign of the demise of the german banks that isn t just happening now that s been happening for a while because effectively the german institutions have been sleeping through digitalisation and not focusing on that now small fast companies like wire card which is likely to replace correspond are rising they re focused on e-commerce on credit card payments and mobile payments and they re now the new stars unfold with all that stiff headwind from new players on the market how do banks want to address this growing competition. the banks are behemoths their huge ....

Eastern Germany , Paul Britt Standing , Stock Exchange , Yes Chris , Dax Index , Isn T , E Commerce , Growing Competition , Credit Card Payments , Mobile Payments ,