UBS AG’s Libor Fine: How Did Management Miss The Signs?
UBS AG (NYSE:UBS) pays fine in LIBOR scandal Frankfurter Allgemeine Zeitung had: 1) UBS pays 1.4 bio. SFR (roughly 1½ … Read more
UBS AG (NYSE:UBS) pays fine in LIBOR scandal Frankfurter Allgemeine Zeitung had: 1) UBS pays 1.4 bio. SFR (roughly 1½ … Read more
Ringfencing in Britain, here we come. The Guardian had back in September 2011: Britain’s biggest banks are to be given until … Read more
The mention of France and French banks is most shocking point, but first… El País has: Spain gets a year more … Read more
Nordea Bank AB (STO:NDA-SEK) Danmark The Danish Bank Inspection “visited” Nordea Bank Danmark in November 2012, according to the official report from … Read more
Costumers are fleeing the large banks in Britain The Guardian has: The figures are not very well harmonised: – Credit … Read more
The European problems with banks There are many large banks in Europe – even by world standards. The figures behind … Read more
Being taken into effect tomorrow, the Swedish CB (Riksbanken) will lower the repo interest from 1.25% to 1.00%. The Norwegian … Read more
Let’s try to make some sense out of the mess as much of it is in esoteric official! Council agrees position … Read more
The Swedish CB is increasing its currency reserve with 100 bio. SEK (about 20 bio. USD) – also December 12th … Read more
Police raid Deutsche Bank AG (ETR:DBK) (FRA:DBK) (NYSE:DB). Frankfurter Allgemeine Zeitung has: Quote: The investigation into a million EUR VAT-fraud … Read more
Banking Union, update Dagens Nyheter has: Quote: “But even if he [Finance Minister Borg] says yes to the new bank … Read more
LIBOR scandal, update: The Telegraph has: Quote: In a statement the SFO [Serious Fraud Office] said: “Three men, aged 33, … Read more
Frankfurter Allgemeine Zeitung has: Quote: “The UK and American controlling authorities have presented a common concept four years after the … Read more
Die Presse in Austria has an interesting case of a 45 year (named Monika. R) old law graduate that has lost 1/3 … Read more
Nordea is going to cut the workforce with 10% according to CEO Christian Clausen. Christian Clausen is also President of … Read more