Germany weighs bank split

Germany's ruling coalition will propose a plan to isolate banks' risky activities from customer deposits, according to a draft law

Germany's ruling coalition will propose a plan to isolate banks' risky activities from customer deposits, according to a draft law seen by The Wall Street Journal on Wednesday.

Under the draft law, banks with proprietary trading, high-frequency trading or hedge-fund-financing operations that make up either 20% of the balance-sheet value or surpass €100bn ($135bn) in value will be required to transfer their risky businesses into legally and financially separate units.

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