questions The German taxpayer had to bail out state-owned banks after their managements recklessly gambled away billions on subprime investments. Several state-owned banks had to be rescued at the expense of the German tax payer: Bayern LB‚ West LB‚ IKB Deutsche Industriebank‚ and Sachsen LB. The crisis‚ which originated in the US‚ brought the whole of the German banking sector under pressure. But why were the state banks more affected than the private banks? The technical reason is obviously their bigger
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The Degenerate Art Exhibition and the Great German Art Exhibition Since early history and until today‚ Art has been one of people’s ultimate ways of expression and communication. However‚ and due to numerous atrocities‚ artists have long suffered from criticism‚ ridicule and even oppression. Perhaps one of the most known examples of such injustices is the Degenerate Art exhibition which was hosted in Germany in 1937 and aimed to label the works displayed in it as degenerate‚ corrupt and impure. Contrariwise
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Stock Trading Center of Vietnam using the Bank of Investment and Development of Vietnam (BIDV)‚ a state-owned commercial bank. Several other domestic banks and securities companies have been authorized to accept custody of securities‚ with HSBC’s and Deutsche bank’s Ho Chi Minh City branches and five branches of other well- known foreign bank as HSBC‚ Citigroup‚ Destche Bank‚ Stankard Chartered Bank… providing custody services for foreign investors. Custody is based on a central depository‚ central registry
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Networking profile Results-driven and versatile MBA with over ten years of work experience in marketing‚ operations‚ business development‚ international business and logistics. Adept in conducting marketing research‚ identifying and rationalizing business opportunities‚ and developing marketing strategiesy. Dynamic marketing professional committed to strong work ethic and to establishing and maintaining strong business relationship with business partners based on integrity and trust. Now sSeeking
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products that comply with the basic precepts of Shari’ah law. The broadening appeal of Islamic finance is also evident with the move of large international banks such as Hong Kong and Shanghai Banking Corporation‚ Standard Chartered‚ Citibank and Deutsche Bank and other private sector financial institutions to structure and provide Islamic financial products and services. This includes the establishment of exchange-traded funds that are screened to ensure their conformity with Islamic investment principles
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people’s courage‚ misery‚ and hope. The etchings were present to the public in 1898‚ and receive positive reviews. Kollwitz was nominated by Adolf Menzel‚ who was considered the most important artist in the country‚ for the gold medal of the Große Deutsche Kunstausstellung in Berlin. Even though‚ the work wasn’t approved by Kaiser Wilhelm II‚ The Revolt of the Weavers was awarded with the gold medal year later by the King of Saxony. Kollwitz’s next most important series of drawings was the Peasant
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Adolf Hitler Background: Adolf Hitler’s rise to power began when he joined the political party known as the deutsche arbeiterpartei. After WWI‚ Germany had been hit hard by the worldwide economic depression. Millions of people lacked jobs and were losing confidence in their government. This helped hitler to rise to power through the power of his voice and manipulation. His powerful voice attracted the spirits of the german people‚ creating a new group known as the Nazi’s. Hitler promised the people
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drawbacks of Quantitative Easing‚ Retrieved August 24‚ 2013 from http://www.ecrresearch.com/world-economy/dangersand-drawbacks-quantitative-easing European Economics. (March 22‚ 2013): Europe: A positive baseline with downside risks‚ World Outlook‚ Deutsche Bank Fawley‚ Brett W. and Neely‚ Christopher J. (January/February 2013): Four Stories of Quantitative Easing‚ Federal Reserve Bank of St January/February 2013‚ retrieved August 8‚ 2013 from http://research.stlouisfed.org/publications/review/article/9602
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Austria 2012). However‚ it seems likely to have both beneficial and negative aspects. Although a GDP per capita of Thailand is in the fourth rank among ASEAN countries‚ competitiveness of its workforce may be insufficient to compete with others (Deutsche Bank 2013; Chongphaisal 2011). The free flow of skilled labor and investment in the AEC policy can bring opportunities and threats to the Thai workforce. The former can lead to a chance for Thai workers to work in other ASEAN countries. The latter
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INVESTIGATING PERFORMANCE OF EQUITY-BASED MUTUAL FUND SCHEMES IN INDIAN SCENARIO Investigating Performance of Equity-based Mutual Fund Schemes in Indian Scenario Sathya Swaroop Debasish1 Abstract In the backdrop of liberalization and private participation in the Indian mutual fund industry‚ the challenge to survive and retain investor confidence has been a prime are of concern for fund managers. For small investors who do not have the time or the expertise to take direct investment decision in
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