Eddielogic

– Thoughts on Strategy and Management

April 26, 2008
by Dagmar
2 Comments

Financial crisis reveals weaknesses in banks business models

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, … Continue reading