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The 'Silent Austerity' in Banking

Wall Street Journal Original article ›

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Swiss bank UBS under new CEO Sergio Ermotti

11/18/2011

Grouped Articles

Wall Street's Giants Try 'Flow Monster' Formula

Wall Street Journal 05/20/2013

UBS Still in Revamp Mode

Wall Street Journal 11/17/2013

The 'Silent Austerity' in Banking

Wall Street Journal 01/21/2014

UBS Scales Back Investment Bank

Wall Street Journal 11/18/2011

UBS Outlines How it Plans to Carry Out Turnaround

New York Times 11/18/2011

Chief Risk Officer Departs in UBS Shakeup

New York Times 12/02/2011

The views of Axel Weber, former head of the Bundesbank, on the ECB's role and the need to address the underlying problems in Greece

04/19/2010

Axel Weber says the European Central Bank should stick to its mandate of setting monetary policy and not get too involved in the crisis in Greece. He says Greece's problems are structural and may take a long time to resolve, as much as 30 years. The European leaders have to decide on solving the underlying problems so that they cut the losses and restart, by offering debt guarantees and using partial creditor haircuts. Simply giving additional loans -which can never be repaid considering the debt of 350 billion euros ($496 billion)- or addding short term liquidity for a 3-5 year solution as European leaders have done so far, won't work.

Grouped Articles

EU Dismisses IMF's Criticism On Greek Bailout

Wall Street Journal 06/07/2013

German Court to Weigh Bond Buying by E.C.B.

New York Times 06/10/2013

Weber Sees Greece Needing More Aid

Wall Street Journal 04/19/2010

The 'Silent Austerity' in Banking

Wall Street Journal 01/21/2014

Not Quite Checkmate for the Bundesbank

Wall Street Journal 12/22/2014

Germany's Weber Slams Rescue Efforts

Wall Street Journal 06/27/2011

European financial regulation after 2010.

11/06/2010

Grouped Articles

The 'Silent Austerity' in Banking

Wall Street Journal 01/21/2014

Europe's new regulators: Continental shift

Economist 11/06/2010

Europeans to Initiate New Stress Tests of Banks

New York Times 03/03/2011

After the reforms: Safer, but not yet safe enough

Economist 05/21/2011

Fixing international banking: Unfinished business

Economist 05/22/2011

IMF Chief's Change of Tune on Bank Capital

New York Times 09/14/2011

Austerity measures facing European countries in 2011-2013

11/13/2011

Grouped Articles

German Election Overturns Political Order

Wall Street Journal 09/23/2013

Those Depressing Germans

New York Times 11/03/2013

The 'Silent Austerity' in Banking

Wall Street Journal 01/21/2014

How Righteousness Killed the World Economy

New York Times 10/12/2014

Being Bad Europeans

New York Times 11/30/2014

Austerity in Europe Brings Bitterness Unknown in Postwar Era

New York Times 11/13/2011

The twin problems of lack of growth under austerity plans and overvalued currencies of Italy, Greece, Spain and Portugal

06/24/2011

The twin problems of lack of growth and overvalued currencies under the solutions of austerity plans without debt reduction and a single euro currency create impossible odds for a resolution of the eurozone financial crisis. Germany's insistence on tough austerity measures, European banks delaying restructuring of bad loans similar to the U.S. Brady plan, failure of politicians in Italy and Greece to take early action, and small steps by policymakers, are compounding the effects of the eurozone crisis.

Grouped Articles

German Election Overturns Political Order

Wall Street Journal 09/23/2013

Those Depressing Germans

New York Times 11/03/2013

Germany's Surplus Isn't the Problem

Wall Street Journal 11/11/2013

The 'Silent Austerity' in Banking

Wall Street Journal 01/21/2014

Italy Central Banker Is Open to 'Bad Bank'

Wall Street Journal 02/10/2014

Saying No to Austerity, Spain Unveils Tax Cuts

New York Times 06/20/2014

The IMF comes out on Spain's side in 2012 saying deficit reduction should have taken into account the weaker economic outlook

09/27/2011

The IMF in April 2012 says cuts in Spain may be too severe and cautioned that austerity measures could push Europe into recession.

Grouped Articles

Still Sputtering, Spain Turns Away From Cuts

Wall Street Journal 05/12/2013

Europe to Vote on Tougher Rules for Currency

New York Times 09/27/2011

German Optimism Depends On Spanish Deficits

Wall Street Journal 09/25/2013

The 'Silent Austerity' in Banking

Wall Street Journal 01/21/2014

Euro Zone Deficit Hits Target for First Time Since 2008

New York Times 04/23/2014

Saying No to Austerity, Spain Unveils Tax Cuts

New York Times 06/20/2014


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