Word: sparkassen
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...expensive for customers to borrow money. Easier said than done. Any German bank that makes borrowing more expensive risks being undercut by a slew of competitors. Indeed, the listed banks - which have less than 20% market share in Germany - compete not only with one another but with Germany's Sparkassen and Landesbanken, regional savings and development banks that are underwritten by the government - a fact that has brought Germany into conflict with other E.U. nations that object to these state subsidies. (In the past, German authorities have been reluctant to facilitate listed banks taking over these public sector banks, delaying...
...thriller writers, ladling out authentic-sounding information on such arcana as weapons ("Yes, I'll have that Harpy, please, and a straight serrated Spyderco with a four-inch blade, and that drop-point skinner at the back") and Swiss bank accounts ("Article 47 of the Bundesgesetz uber Banken und Sparkassen"), plus sharp thumbnail portraits of the major players and malefactors and incessant plot surprises...
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