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German banks less transparent then peers

By   || July 26, 2010 at 12:59 GMT
|| 3 comments || Add comment

The FT reported today that several German banks did not open their books to reveal sovereign debt holdings, as promised.

But six of the 14 German banks tested – Deutsche Bank, Postbank, Hypo Real Estate, mutual groups DZ and WGZ, and Landesbank Berlin – did not publish the expected detailed breakdown of sovereign debt holdings, although Postbank disclosed some information on Sunday. Every other European bank, bar Greece’s ATEbank, which failed the test, complied with the disclosure requirement.

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3 Responses to “German banks less transparent then peers”

  1. N on July 26th, 2010 13:11 GMT

    do u find it strage that the market doesnt seem to care, and also has accepted the stress tests the way they were conducted?

  2. Jamie Coleman on July 26th, 2010 13:32 GMT

    Yes N, a little bit…

  3. N on July 26th, 2010 13:42 GMT

    I guess its the age old rule of trade what you see, not what you think

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