Roberto Abraham Scaruffi: Will Savings Banks Be the Next Casualties?

Thursday 28 May 2009

Will Savings Banks Be the Next Casualties?

Will Savings Banks Be the Next Casualties? Germany's public sector-owned savings banks were long considered an oasis of stability amid the turbulence of the financial crisis. But now they too are looking shaky, with some institutions already at acute risk. http://www.spiegel.de/international/business/0,1518,627153,00.html#ref=nlint