- published: 13 Jul 2016
- views: 31562
Germany's biggest bank is cutting thousands of jobs. Despite the streamlining measures, it cannot shake off the negative headlines. Our reporters take a look behind the scenes. More from this edition of Made in Germany: http://www.dw.com/en/made-in-germany-the-business-magazine-2016-07-12/e-19353537-9798
50 billion euros in Greece, 70 billion euros in Ireland, 40 billion euros in Spain - one Euro-country after another is forced to support its banks with huge sums of money in order to equalize the losses incurred by money worldwide from bad loans. But where do the billions go anyway? Who are the beneficiaries? With this simple question the award-winning business journalist and nonfiction author Harald Schumann travels across Europe and gets surprising answers. The rescued are not in the poorer Euro states - unlike commonly believed - but mainly in Germany and France. A large part of the money ends up with the creditors of the banks that want to be saved or must be saved. And although these investors have obviously made bad investments, they are - against all logic of the free market economy...
Meltdown is a four-part investigation into a world of greed and recklessness that brought down the financial world. The show begins with the 2008 crash that pushed 30 million people into unemployment, brought countries to the edge of insolvency and turned the clock back to 1929. But how did it all go so wrong? Lack of government regulation; easy lending in the US housing market meant anyone could qualify for a home loan with no government regulations in place. Also, London was competing with New York as the banking capital of the world. Gordon Brown, the British finance minister at the time, introduced "light touch regulation" - giving bankers a free hand in the marketplace. Meltdown moves on to examine the epidemic of fear that caused the world's banks to stop lending and how the people...
Feb. 12 (Bloomberg) -- At the heart of the European debt crisis is the euro, the currency that tied together 18 countries in an intimate manner. So when one country teeters on the brink of. Fact: America's national debt stands at $17 trillion. That's a tough number to grasp. Most people will never come close to making $1 million in any given year. How can we understand the magnitude. A short, visual explanation of Japan's debt crisis by @affalytics ( The latest on Japan's Debt Problem: Donate Bitcoin to support our.
Greece is in a state of economic and financial crisis that's dominated global headlines this week. Vox's Matt Yglesias explains the real roots of the crisis. For our more on the Greek crisis: http://www.vox.com/cards/eurozone-crisis Subscribe to our channel! http://goo.gl/0bsAjO Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com to get up to speed on everything from Kurdistan to the Kim Kardashian app. Check out our full video catalog: http://goo.gl/IZONyE Follow Vox on Twitter: http://goo.gl/XFrZ5H Or on Facebook: http://goo.gl/U2g06o
The Haircut (2013): For the first time in the financial crisis, bank accounts are being raided and people's savings are being seized. We look at the fallout of the EU's cruel gamble, exposing the human cost that's devastating Cyprus. For downloads and more information visit: http://www.journey.webbler.co.uk/?lid=65225 In Cyprus the confiscation of bank deposits has been labelled 'the haircut', all too benign a way to describe what's happening. In return for 10 billion Euros of financial assistance, the European Commission, the European Central Bank and the International Monetary Fund have applied a cut-throat razor. The cuts it has imposed will devastate Cyprus and undermine confidence in banking Europe-wide. "We had a gun to our forehead and were told we are going to pull the trigger i...
Should the government bail out big banks that may otherwise go bankrupt? Or should it let them go under, as it did with Lehman Brothers in 2008? Economist Nicole Gelinas, a fellow at the Manhattan Institute, has the answer, and it will have big implications for policymakers when they grapple with the next economic crisis. Donate today to PragerU! http://l.prageru.com/2ylo1Yt Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with De...
The Republic of Ireland was one of the first victims of the crisis in the Eurozone. In September 2010 it had to accept a bailout from the EU and IMF. Thanks to stringent austerity measures, the country has recovered better than Greece and Portugal. But the problems haven't yet been eliminated. Find out more: www.dw.de/dw/episode/9798/0,,15872110,00.html
At the Euro crisis summit, European leaders agreed that banks should be more closely regulated and that they will have to write off billions of euros owed to them. But the crisis is far from over.Frankfurt is Germany's banking and finance center. In the metropolis on the Main River, MADE IN GERMANY talks to bank customers, a former banker who now runs a snack bar in the city's financial district, and demonstrators critical of the euro.
In which John Green discusses the history of Greece's deficit and debt problems, the challenges of adopting the Euro and living with the Eurozone's monetary policy, and the possibility of the so-called Grexit--a Greek exit from the Euro. Sources for this video: Anil Kashyap's Primer on the Greek Crisis: http://faculty.chicagobooth.edu/anil.kashyap/research/papers/A-Primer-on-the-Greek-Crisis_june29.pdf The New York Times' introduction: http://www.nytimes.com/interactive/2015/business/international/greece-debt-crisis-euro.html History of the European Debt Crisis: https://en.wikipedia.org/wiki/European_debt_crisis The Economist's excellent coverage of Greece, bailouts, debt woes, and how the banking system works now: http://www.economist.com/topics/greece and especially http://www.econo...
Welcome to our new video series titled "New Economic Thinking." The series will feature dozens of conversations with leading economists on the most important issues facing economics and the global economy today. This episode features Kiel Institute President Dennis Snower talking the euro zone crisis. Snower, a member of the Institute's Council on the Euro Zone Crisis, says that euro zone reforms should be embedded in a national constitutional process rather than imposed by a bunch of faceless unelected "eurocrats" from Brussels. And he explains why this political dimension to the crisis is key for any attempts to try to save the European project. Watch the interview to see what he has to say!
Troubled Portuguese bank Espirito Santo is unsettling world financial markets. Might we see the return of the European debt crisis? We ask Sebastian Dullien of Berlin's University of Applied Sciences. For more go to http://www.dw.de/program/made-in-germany/s-3066-9798
China's banking system is in crisis. Extremely high interest rates and rumors that the country's largest bank, the Bank of China, may be insolvent are causing the stock markets to go haywire. German mechanical engineering companies are keeping a close eye on events. China is one of their most important markets. Made in Germany visited the Trumpf Company and a bank headquarters in Stuttgart. Read more: http://www.dw.de/made-in-germany-das-wirtschaftsmagazin-2013-07-02/e-16883690-9800
Despite very difficult European markets, the German banking system appears one of the world's strongest. In this CreditMatters TV segment, Standard & Poor's Director Harm Semder discusses the key factors behind our BICRA assessment, and potential threats to it. Topics include our expectations for the German banks, economic risk, and systemwide funding factors, and a less beneficial view on industry risks in home markets.
Studio guest is Hans-Peter Burghof from the University of Hohenheim. Made in Germany will be discussing the situation in the EU and the problems caused by ever-increasing debt and the ongoing banking crisis. http://www.dw.com/en/top-stories/business/s-1431
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We talk to Hans-Peter Burghof, professor of banking at the University of Hohenheim. What are the risks? Will Europe once again have to rescue its banks and help to put Italy's ailing financial sector back on track? More from this edition of Made in Germany: http://www.dw.com/en/made-in-germany-the-business-magazine-2016-07-12/e-19353537-9798
Against the backdrop of the euro crisis, Frankfurt is hosting what organizers call Europe's largest meeting for the financial and insurance industry - the Euro Finance Week. The conference is addressing such themes as 'Reining In Banks?' or 'Turning Point in Banking?' It seems the golden years are over. For more go to http://www.dw.de/made-in-germany-the-business-magazine-2012-11-20/e-16347000-9798
In this report I look at the early market activity from London on Monday, September 25th, 2017. I also look closely at how FASB or the Financial Accounting Standards Board has given in to the big banks and allowed to basically inflate their assets by marking assets to model instead of to market. Donate to Maneco64: https://www.goldmoney.com email: email@example.com BITCOIN: 14DUCdB6ZPP3su12VeN1BxWgvMHjAVZJSH ETHEREUM: 0x5CecA7DB267169Ca6821edADC0baB80b346Ce6c0 LITECOIN: LfzXFonEWKNjAjAEEqK6oRRLE9PQ5zx2ec https://www.paypal.me/maneco64 https://www.patreon.com/user?u=3730528 Follow me on Steemit: https://steemit.com/@maneco64
The heads of Wall Street's biggest investment banks were summoned to an evening meeting by the US Treasury Secretary, Hank Paulson, to discuss the plight of another - Lehman Brothers. After six months' turmoil in the world's financial markets, Lehman Brothers was on life support and the government was about to pull the plug. Lehman CEO, Dick Fuld, recently sidelined in a boardroom coup, spends the weekend desperately trying to resuscitate his beloved company through a merger with Bank of America or UK-based Barclays. But without the financial support of Paulson and Lehman's fiercest competitors, Fuld's empire - and with it, the stability of the world economy - teeters on the verge of extinction.
DEUTSCHE Bank stocks tumbled today after it reported a 10 per cent drop in revenue, with bosses clueless as to when results will improve. ▆ ebreaking : https://goo.gl/Lnk2Hg ▆ Source: http://www.express.co.uk/ #brexit #eu #referendum #uk #world #breaking #news -------- Follow News 2U on: ☀ YouTube: https://goo.gl/AB1LpN ☀ Website: https://goo.gl/T0Rt55 ☀ Facebook: https://goo.gl/BsHWZv ☀ Google Plus: https://goo.gl/8HDdu5 Thanks for watching! Videos can use content-based copyright law contains reasonable use Fair Use (https://www.youtube.com/yt/copyright/)
“Princes of the Yen: Central Banks and the Transformation of the Economy” reveals how Japanese society was transformed to suit the agenda and desire of powerful interest groups, and how citizens were kept entirely in the dark about this. Based on a book by Professor Richard Werner, a visiting researcher at the Bank of Japan during the 90s crash, during which the stock market dropped by 80% and house prices by up to 84%. The film uncovers the real cause of this extraordinary period in recent Japanese history. Making extensive use of archival footage and TV appearances of Richard Werner from the time, the viewer is guided to a new understanding of what makes the world tick. And discovers that what happened in Japan almost 25 years ago is again repeating itself in Europe. To understand how,...
Crises trigger the adaptation processes. Crises are motherof reforms. Christoph Ohler tours us through the Financial crisis (2007- 2009) and debt crisis (2010 – 2013) and details the best way to balance public and private interests. Christoph Ohler graduated in law from the University of Bayreuth and the College of Europe in Bruges. His PhD in European law he received at the University of Bayreuth. After working as an associate in an international law firm in Frankfurt/Main he became a research assistant at the Universities of Passau, Bayreuth and Munich. Since 2006 he holds a chair in public law, European law, public international law and international economic law at the Friedrich-Schiller University of Jena. From 2008 to 2014 he was the spokesperson of the interdisciplinary graduate ...