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Tag: baffin

Germany-Bafin warns: ‘Double-digit number of banks will face serious problems’

Germany-Bafin warns: ‘Double-digit number of banks will face serious problems’ Germany-Bafin warns: ‘Double-digit number of banks will face serious problems’

Financial regulator Bafin sees tough times ahead for German banks. The rapid rise in market rates could cost many small and medium-sized institutions, executive director Raimund Röseler warned in an interview with Handelsblatt. “My guess is that a lower double-digit number of banks will be in serious trouble.” Brokerages had provided long-term loans at low […]