Jump to content
House Price Crash Forum

Ecb Warns Of $283 Billion New Bank Losses

Recommended Posts

And they think its all over......and which banks over here a re vulnerable? have they all been 100% truthful in their public valuations....looking at the people who were running them....I would say not.

Share this post

Link to post
Share on other sites
Funny how we hear of financials big losses AND US bonds turning up in Japanese suitcases...

All they are doing now is stealing before the state fails.

That's all.

Share this post

Link to post
Share on other sites

... I believe in yesterday...


UBS is raising 6bn Swiss francs ($5.3bn; £3.1bn) from the government.

It will also be able to transfer up to $60bn of distressed assets to a fund supported by the Swiss central bank.


The bank said that the Qatar Investment Authority was among the group of global investors that had helped the bank to shore up its finances.


Share this post

Link to post
Share on other sites

Moody’s bank downgrades, pain in Spain edition

Posted by Izabella Kaminska on Jun 15 17:52.

“The extra cushion (i.e. the anti-cyclical provisions) that banks had built up over the years against such risks — which has so far protected their earnings and capital bases — is becoming increasingly thin,â€

Didn't Santanda broker the whole buying up UK bad bank thing by their requirements in Spain for Tier 1 to be so low they could undercut anyone else.


Share this post

Link to post
Share on other sites
No matter. When you have a printing press losses like these become an irrelevance.

er no, imaginary wealth remains imaginary wealth no matter how many pounds go to make it up.

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   292 members have voted

    1. 1. Which of the Prime Minister's options would you choose?

      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.