Last Wednesday, Deutsche Bank’s shares fell by 4.5% in the first hour of trading in Frankfurt, after the bank released its second quarter results, showing a measly profit of €20 million, in comparison to €818 million last year. The percentage fall of this stock is the biggest ever in such a brief time in the […]No end to Deutsche Bank’s problems: new litigations in the US and frailty in EU stress test
August 1, 2016 by Leave a Comment
Last Wednesday, Deutsche Bank’s shares fell by 4.5% in the first hour of trading in Frankfurt, after the bank released its second quarter results, showing a measly profit of €20 million, in comparison to €818 million last year. The percentage fall of this stock is the biggest ever in such a brief time in the […]Berlin and Paris pursue the financial fragmentation of Eurozone
April 13, 2013 by Leave a Comment
The three EU independent authorities which supervise the financial sector of the Union, namely the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA) and the European Insurance and Occupational Pensions Authority (EIOPA), collectively known as the three European Supervisory Authorities (ESAs), issued yesterday their first joint report ringing the bell of Eurozone […]The Ecofin Council creates officially the clan of ‘undead’ banks
March 5, 2013 by Leave a Comment
Today 5 March 2013, in Brussels, without much publicity the Economic and Financial Affairs Council of the European Union, known as the Ecofin Council, is expected to discuss, inter alia, the new draft rules on bank capital requirements (“CRD 4”), including future rules on bankers’ bonuses. Those issues go in pair, in a way that […]
