Tuesday, May 14, 2013

Collapsing TBTF banks on the agenda for G8?

Bloomberg: Banks on Verge of Collapse in Denmark Win Time in FSA Review

"Danish banks in breach of the nation’s solvency rules will get more time to raise capital and avert failure as the regulator eases its resolution practices". "The laxer stance comes as Denmark discusses how to treat systemically important financial institutions. The government-appointed Sifi committee in March proposed designating the nation’s six largest banks, including Danske Bank and mortgage lender Nykredit A/S, as too big to fail". (I think German banks have big problems too, if you read some of the blogs which can't be posted here). Cameron hasn't any ideas, just look at RBS etc. Don't forget, nobody ever got fired for securing that loan on bricks and mortar :)

Posted by alan @ 01:37 PM (5068 views)
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1 Comment

1. vinrouge said...

If they had their own currency instead of the Euro this sort of thing would not happen............Oh wait a minute

Tuesday, May 14, 2013 06:48PM Report Comment

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