German banks have ``reached their limit,'' BDB lobby says
German banks have ``reached their limit'' in terms of adhering to regulations introduced by Chancellor Angela Merkel's government following the financial crisis, the BDB private banking lobby said.
Credit Suisse said it is restricting bankers' travel to Germany after authorities there said they had begun 1,100 tax evasion investigations against the bank's clients and were investigating staff on suspicion of aiding evasion, Reuters reported.