Financial Industry Slams Plan German Government to Impose Higher Crisis Levy on Banks

Banks were partly to blame for the financial crisis of 2008 -- and now they're being asked to pay for it. The German government wants to extract far higher payments from banks than had been envisaged so far, according to a report in Financial Times Deutschland newspaper.
Bank skyscrapers in Frankfurt -- the financial sector faces higher costs from a planned crisis levy.

Bank skyscrapers in Frankfurt -- the financial sector faces higher costs from a planned crisis levy.

Foto: Boris Roessler/ dpa
cro -- with wire reports