Tag Archive | banks

Spying in Banks

Der Spiegel is reporting that the CEO of the German bank HSH Nordbank has paid a company named “Prevent AG” €7 million in 2009 for spying on his employees. This included checking blogs of bank employees. The HSH Nordbank is currently under investigation for accounting fraud during the financial crisis 2008/09. The new CEO came […]

TBTR

The Spanish bank Santander is on a buying spree as it seems (news article). This is totally rational from the viewpoint of banks, considering the new Basel III rules and the fact that governments always rescue banks (at least, as long as they are able to). As a bank you gotta get as big as […]

What Would You Do?

Yeah, seriously, what would you do to end our Great Recession?