Tag Archives: banking

Commerzbank write-off highlights low-profit future

The German lender has announced a 560 million euro writedown on deferred tax accruals. …

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Filed under Allgemein, Banking

Bankers just don't get it

A new paper sheds light on an amazing learning disability within the financial sector: …

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Filed under Banking, Financial Crisis, Regulation

Is there anyone who cares about the stress tests?

Moody’s, the rating agency,  today has  published an interesting analysis about the market reaction …

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Filed under Banking, Financial Crisis

EU banks hold 194.1bn Euros of potentially toxic bonds

The 90 most important banks in the European Union jointly hold 194.1 billion Euros …

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Filed under Banking, Financial Crisis

ECB Shadow Council: Don't raise rates now

ECB headquarter in Frankfurt: Expected to raise rates this week (Photo: Eric Chan …

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Filed under ECB Shadow Council, Monetary Policy

Dambisa Moyo: "Nobody wants to live in world where China is dominant"

Dambisa Moyo (Photo by David Grundy, …

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Filed under Globalization, Interview

$4.7bn per bank, per year – How the U.S. government subsidizes Citi, BoA et al.

Peer Steinbrück, the former German finance minister, was adamant. The merger of two leading …

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Filed under Banking, Financial Crisis, Regulation

Lobbying for the crisis

Prior to the crisis the financial industry spent billions of dollars on lobbying activities. Three economists with the IMF have scrutinized the consequences of these spending spree. Lobbying of the financial industry in itself was a cause of the financial crisis. The more a particular bank spent on lobbying the riskier its lending activity was. Continue reading

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Filed under Banking, Financial Crisis, Regulation