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This Paper gives an overview of the German banking system and current challenges it is facing. It starts with an overview of the so-called "Three-Pillar-Banking-System" and a detailed description of the current structure of the banking system in Germany. A brief comparison of the banking system...
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the pros and cons of market versus bank-based systems, this paper investigates whether the main elements of the German … economy and society and more robust to crises. It is shown that the old German bank-based system, where the risk of long …
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