EU Bad-Loan-Fiasco-Reform Loses Teeth, Adds Sweeteners for Banks (Funded by Taxpayers) by Don Quijones • Mar 20, 2018 • 9 Comments After much lobbying, guidelines for banks become “non-binding expectations,” says the ECB.
Italy’s Banking Crisis Gets Addressed: How to Conceal a Problem that Threatens to Engulf the Entire Eurozone by Don Quijones • Oct 23, 2016 • 33 Comments The art of Making Bad Debt Disappear.
Why Italy’s Banking Crisis is Spiraling to Heck by Don Quijones • Oct 16, 2016 • 27 Comments €4.8 billion window-dressing to cover a growing €360 billion hole
European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks by Wolf Richter • Jun 27, 2016 • 73 Comments The banking crisis jumps to the next level.
Brexit Blowback Hits Italian and Spanish Banks by Don Quijones • Jun 25, 2016 • 21 Comments Worst Day for Italian & Spanish stocks. Banks massacred.
Prelude to a Nightmare by Don Quijones • Feb 5, 2016 • 6 Comments Four Things that Keep Spain’s Senior Bankers Awake at Night.
What Deutsche Bank’s Plunging CoCo Bonds Just Said about the Bank’s Future by Wolf Richter • Feb 1, 2016 • 33 Comments “They’re just too close to the wire.”
ECB Chief Economist: OK, I Get it, the Euro Doesn’t Work by Wolf Richter • Oct 2, 2015 • 14 Comments Chilling, with devastating charts.
ECB Hits Small Banks, Makes City of London, Wall Street Salivate by Don Quijones • Jul 18, 2015 • 2 Comments A “Harmonization” Frenzy.