Europe’s Bank Crisis Arrives In Germany: €29 Billion Bremen Landesbank On The Verge Of Failure

by Tyler Durden
ZeroHedge.com
Jul 7, 2016

It appears that some shipping loans gone bad could be the catalyst for Europe’s banking crisis to finally breach the most impenetrable border of all, that of Germany. Because it is in Germany where we find what may be the next domino to fall as part of Europe’s latest banking crisis incarnation: Bremen Landesbank, whose contingent convertible bonds have just cratered as a result of speculation that the bank’s bailout is suddenly in jeopardy.

The Rest…HERE

This entry was posted on Thursday, July 7th, 2016 at 1:44 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.