Banking Crisis

This tag is associated with 2 posts

Why Is The EU Forcing European Nations To Adopt ‘Bail-In’ Legislation By The End Of The Summer?

Posted by ETFalpha ⋅ June 8, 2015 ⋅ 1 Comment

Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact “bail-in” legislation within the next two months will face legal action. The countries that are being threatened in this manner include Italy and France. If you fast forward two … Continue reading →

Banking Crisis In Russia Will Be Massive — Sberbank CEO

Posted by EM_Equity ⋅ January 15, 2015 ⋅ Leave a comment

The banking crisis in Russia in the current economic situation will be massive, CEO of Russia’s largest lender Sberbank German Gref said on Wednesday. “Of course, it’s obvious that the banking crisis will be most massive,” he said on the sidelines of the annual Gaidar Forum. Since mid-2014 Russian banks have publicly announced they are … Continue reading →