AP

Risky Business

Wracked by the financial crisis of 2008, banks around the globe have been bailed out with public money and pilloried by public opinion. Still, European governments have yet to find common ground on ways to curb risky trading and regulate dangerous banking practices.

German Central Bank Head Weidmann: 'The Euro Crisis Is Not Yet Behind Us'

German Central Bank Head Weidmann: 'The Euro Crisis Is Not Yet Behind Us'

SPIEGEL ONLINE - September 24, 2014

An extended period of calm on the bond markets has led many to conclude the euro crisis is over. But German central bank head Jens Weidmann says in an interview that the coast still isn't clear and that there is still great need for reforms. Interview by Armin Mahler and Anne Seith more... Comment ]

More Money Please: A New Plan to Boost Europe's Straggling Investments

More Money Please: A New Plan to Boost Europe's Straggling Investments

SPIEGEL ONLINE - July 01, 2014

The euro crisis may have eased recently, but companies and countries in the common currency zone still aren't investing enough to fuel growth. The best solution, a Berlin economics institute argues, is to establish an EU-wide investment fund. By Christian Reiermann more... Comment ]

Weapon of Last Resort: ECB Considers Possible Deflation Measures

Weapon of Last Resort: ECB Considers Possible Deflation Measures

SPIEGEL ONLINE - April 23, 2014

Though the European Central Bank continues to play down deflation concerns, it is preparing measures to combat falling prices in the event of an emergency. Are the growing fears warranted? By Christian Reiermann and Anne Seith more... Comment ]

Out of Ammo? The Eroding Power of Central Banks

Out of Ammo? The Eroding Power of Central Banks

SPIEGEL ONLINE - April 16, 2014

Since the financial crisis, central banks have slashed interest rates, purchased vast quantities of sovereign bonds and bailed out banks. Now, though, their influence appears to be on the wane with measures producing paltry results. Do they still have control? By Michael Sauga and Anne Seith more... Comment ]

Bank Oversight: Europe Stressed by Approaching Stress Tests

Bank Oversight: Europe Stressed by Approaching Stress Tests

SPIEGEL ONLINE - March 05, 2014

Thousands of ECB auditors have begun examining the balance sheets of euro-zone banks. Stress tests are coming soon. With the European Central Bank in charge of oversight, many hope the EU's financial industry will return to health. But there are risks. By Martin Hesse, Christoph Pauly and Anne Seith more... Comment ]

Kirch Settlement: Deutsche Bank's Ongoing Legal Woes

Kirch Settlement: Deutsche Bank's Ongoing Legal Woes

SPIEGEL ONLINE - February 26, 2014

A settlement has been reached in the 12-year legal battle between the heirs of the late media mogul Leo Kirch and Deutsche Bank. But Germany's largest lender hasn't seen the last of its legal headaches. By Dinah Deckstein and Martin Hesse more... Comment ]

Herr Nein: The Bull in the Euro Zone's China Shop

Herr Nein: The Bull in the Euro Zone's China Shop

SPIEGEL ONLINE - January 24, 2014

German Central Bank head Jens Weidmann has developed a reputation in Europe for saying no to everything. He is skeptical of efforts to save the euro and isn't shy about saying so. But is he right? By Ullrich Fichtner more... Comment ]

Not Fit for the Next Crisis: Europe's Brittle Banking Union

Not Fit for the Next Crisis: Europe's Brittle Banking Union

SPIEGEL ONLINE - December 19, 2013

German Finance Minister Wolfgang Schäuble has negotiated a European banking union suited perfectly to his country's tastes. It looks like a victory, but it could prove to be very expensive if Europe or Germany face another financial crisis. An Analysis By Gregor Peter Schmitz in Brussels more... Comment ]

Merkel Speech: Chancellor Urges Reforms to Preserve Euro

Merkel Speech: Chancellor Urges Reforms to Preserve Euro

SPIEGEL ONLINE - December 18, 2013

In the first parliamentary speech of her third term, German Chancellor Angela Merkel warned that Europe needs to take more action to make its single currency crisis-proof and urged states to undertake binding economic reforms. more... Comment ]

Complaint to EU: German Banks Try to Torpedo Transaction Taxes

Complaint to EU: German Banks Try to Torpedo Transaction Taxes

SPIEGEL ONLINE - December 16, 2013

German banking associations have sent letters to the European Commission urging it to forbid the new financial transaction taxes imposed by France and Italy. Insiders believe the letters are an attempt by the banking lobby to block a planned EU-wide financial transaction tax. By Claus Hecking and Stefan Kaiser more... Comment ]

'Brutal Power Politics': Merkel's Banking Union Policy Under Fire

'Brutal Power Politics': Merkel's Banking Union Policy Under Fire

SPIEGEL ONLINE - December 16, 2013

Top officials in Brussels have told SPIEGEL that they disagree with Berlin's approach to creating the planned banking union. Chancellor Angela Merkel is trying to give big member states too much power, they say. more... Comment ]