Tag: Banking regulation
UBS: Please no free pass for the new big bank
UBS boss Sergio Ermotti has returned state aid. In return, he probably wants maximum freedom from politics. But that is dangerous. source site
Schufa-free loans from the Schufa subsidiary – Economy
The corporate world keeps coming up with amazing combinations. It was not until December 2022, for example, that sugar breeding bull Katjes bought a whole package of toothpaste brands from…
Commentary: The Credit Suisse fiasco calls for stricter rules – Economy
As of today, the scandalous bank Credit Suisse is history, swallowed up by rival UBS and narrowly avoiding an uncontrolled bankruptcy. The fact is, however, that the merged bank is…
Banks: "Jail for a banker is the best training"
Pius Sprenger worked for Deutsche Bank during the financial crisis. Today he considers investment banking to be dangerous – especially for European banks. source site
Banking crisis: US bank bosses deny responsibility – Economy
During the financial crisis 15 years ago, the heads of the major Wall Street banks had to be questioned for hours by the Congressional Finance Committee. The meetings were broadcast…
Bank runs: Why people take their money out of their accounts – Economy
If panic breaks out, the money is taken from the bank in no time at all, by cell phone. And fear is spreading faster and faster through social media. So…
Credit Suisse: Quarterly figures show how badly the bank is bleeding out – economy
The primary concern was to prevent a financial crisis when the major Swiss bank UBS took over its struggling Swiss rival Credit Suisse on March 19. But it was also…
Credit Suisse: Credit Suisse is bleeding out – economy
The primary concern was to prevent a financial crisis when the major Swiss bank UBS took over its struggling Swiss rival Credit Suisse on March 19. But it was also…
EU Commission: Taxpayers should no longer be liable for bankrupt banks – Economy
From Jan Diesteldorf, Brussels It is time again these days to commemorate the two Italian money houses Veneto Banca and Banca Popolare di Vicenza. Comparatively small institutes from the region…
Banking crisis: Between fear and a sigh of relief – Economy
From Meike Schreiber and Markus Zydra, Frankfurt Is it just a breather before things get worse again, or is the situation on the financial markets calming down again? On Monday,…