Archive for April 26th, 2008

Financial crisis reveals weaknesses in banks business models

1 Comment Published by Dagmar April 26th, 2008 in Predictions, Banking Industry

The international financial crisis claimed another victim among German banks this week. It was the specialised mortgage and public sector lender Duesseldorfer Hypothekenbank (Duess Hyp). “The small German bank’s owners have temporarily transferred ownership to the BdB’s depositor guarantee fund, after which it will be sold to a third party.”  The bank is fairly small […]