‘Worst Bank Scenario’ a book that should spark a discussion on bank supervision

My review of a fascinating book on swaps, derivatives, and Dutch supervisory shenanigans by Hester Bais and Wink Sabée The book by Hester Bais and Wink Sabée documents poor conduct by banks in the Netherlands during the first decades of the century. For the international edition: click here. Nevertheless, the points below are undoubtedly descriptive… Read More ‘Worst Bank Scenario’ a book that should spark a discussion on bank supervision

Re-post from March 27, 2014: ABN AMRO, direct issuance, and CRD IV

This week, the government of the Netherlands will decide about floating ABN Amro. This after a perilous and turbulent recent past. Apparently, the float will be compromised: a management-friendly foundation will be the new owner. That foundation then will issue certificates to investors. This protects ABN Amro against a hostile take-over. The structure raises two… Read More Re-post from March 27, 2014: ABN AMRO, direct issuance, and CRD IV