Oct
05
Deutsche Bank Brings Too-Big-to-Fail Quandary Home to Merkel
By-
Imposing losses on private investors could lead to contagion
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Leaders may decide to flout EU bank-failure rules, Greene says
When it comes to speculation about German government support for Deutsche Bank AG, Chancellor Angela Merkel has no good answer.
After years spent leading the push for new European Union rules to contain banking crises without putting taxpayers on the hook, you might expect Merkel to rule out state aid for Deutsche Bank. She hasn’t, even though that would be politically expedient with an election looming next year…
Deutsche Bank Brings Too-Big-to-Fail Quandary Home to Merkel
