Bundesbank Executive Board member Andreas Dombret believes that banks should embrace digital change to create business models that will give the banking industry greater long-term stability. These models should unfailingly be centred on customers’ needs.

Bernhard Vogel has taken over responsibility for the Bundesbank's Representative Office in Istanbul. Mr Vogel was welcomed by Bundesbank Executive Board member Andreas Dombret at a reception at the German Consulate General.

Bundesbank says the Germany economy remains on a strong growth path. In its October Monthly Report the Bundesbank concludes that Germany’s upswing continued in the third quarter, though it may have temporarily lost some steam.

The Deutsche Bundesbank and Banco Central do Brasil intend to work more closely in future. Bundesbank Executive Board member Andreas Dombret and his Brazilian counterpart Otávio Damaso signed a memorandum of understanding to this effect in October.

Gudrun Moede is the new head of the Bundesbank's Representative Office in Tokyo. She and her deputy, Matthias Vogel, were welcomed by Bundesbank Executive Board member Andreas Dombret at a reception in Tokyo.

Bundesbank President Jens Weidmann says the economic recovery looks set to continue, particularly in the United States and the euro area. Speaking as the IMF's Annual Meeting in Lima drew to a close, he also stressed that monetary policy is not a silver bullet that can eliminate weak growth.

The Annual Meeting of the International Monetary Fund (IMF) is being held from 8 to 11 October in Lima against the backdrop of a perceptible deterioration in the outlook for the global economy. The IMF lowered its growth forecast for the global economy in the run-up to the meeting.

The Deutsche Bundesbank has published a list detailing its holdings of gold bars, broken down by custodian. This list contains information about the bar numbers, the melt or inventory numbers, the gross and fine weight as well as the fineness of the individual gold bars.

Around 1.4 million people celebrated the 25th anniversary of German reunification at a huge public festival from 2 to 4 October in Frankfurt. Thousands of people visited the exhibition organised by the Bundesbank and the City of Frankfurt to learn about German monetary union.

Bundesbank President Jens Weidmann has warned against frantic activism given the low inflation rates in the euro area. The drastic drop in energy prices constitutes a "decent stimulus package", he said in an interview with the German news weekly Der Spiegel.