Tag: Banking regulation
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,…
Credit Suisse banking crisis: Nothing is okay – economy
comment by Meike Schreiber, Frankfurt There are events that divide life into before and after. Also in economic life: The rescue of the Swiss Credit Suisse in the past week…
Credit Suisse: Nobody wants to talk about who is to blame – economy
From Isabel Pfaff Karin Keller-Sutter, the Swiss Minister of Finance, seems a bit helpless on this Sunday evening, which is so drastic for her country. “You can’t regulate cultural mistakes…
Credit Suisse: Fear of contagion
Credit Suisse is now being taken over by its competitor UBS – to prevent chaos on the financial markets. But the difficulties of the major Swiss bank could still have…
Credit Suisse: fear of contagion – Economy
The weekend thing is also reminiscent of the financial crisis fifteen years ago: Back then, in 2008, politicians and supervisors were often able to save themselves on Saturday and the…