By Jonathan Gould FRANKFURT (Reuters) - European Central Bank money-printing has exposed the fault lines in Germany's banking system, forcing its sprawling network of lenders to rethink their business models and slash costs. For years, most German banks' strategy was based around winning new business by offering fee-free accounts and cash bonuses for switching lenders. German banks' costs ate up around 73 percent of their earnings compared with 64 percent in the rest of the euro area in 2015, according to credit ratings agency Moody's. This cost-to-income ratio has been above the bloc's average for the last five years, the data show.
MAIDUGURI, Nigeria (AP) — Children who escaped Boko Haram's Islamic insurgency now are dying of starvation in refugee camps in northeastern Nigeria's largest city as the government investigates the theft of food aid by officials.