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.

The Zombie System: How Capitalism Has Gone Off the Rails

The Zombie System: How Capitalism Has Gone Off the Rails

SPIEGEL ONLINE - October 23, 2014

Six years after the Lehman disaster, the industrialized world is suffering from Japan Syndrome. Growth is minimal, another crash may be brewing and the gulf between rich and poor continues to widen. Can the global economy reinvent itself? By Michael Sauga more... Comment ]

EU Banking Stress Tests: 'Far-Reaching Reforms Are Needed'

EU Banking Stress Tests: 'Far-Reaching Reforms Are Needed'

SPIEGEL ONLINE - October 23, 2014

On Sunday, Europe will release the results of its banking stress tests. In an interview, former PIMCO head Mohamed El-Erian speaks with SPIEGEL about what to expect and how Europe's core countries are failing to adequately confront a flagging economy. Interview Conducted by Martin Hesse more... Comment ]

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 ]