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Fixing Global Finance

By: Kavaljit Singh

...er Wall Street banks quickly spread to other developed economies including Germany, the UK and Japan. Post-Lehman collapse, many markets became dysfun... ...age markets suffered huge losses, particularly IKB Deutsche Industriebank (Germany), BNP Paribas (France) and Macquarie Bank (Australia). In particula... ...financial institutions nationalized were Royal Bank of Scotland (UK), IKB (Germany), Fannie Mae and Freddy Mac (US), and Dexia and Fortis (Belgium/Net... ...’s International Finance Corporation (IFC), the Asian Development Bank and Germany’s Investment and Development Company have also invested in private ... ...2 - - Comerica US 99 7 92 - - Commerce N. Bank US 2 - 2 - - Commerzbank AB Germany 37 10 22 1 3 Credit Agricole France 309 9 69 142 73 Dexia Belgium 2... ... - - UBS Switzerland 1075 443 298 92 215 Wells Fargo US 35 3 24 4 - WestLB Germany 4 - - 4 - continued on next page... 51 Fixing Global Finance Count... ... Finance Country Totals Belgium 1470 97 597 120 647 France 809 9 99 151 98 Germany 41 10 22 5 3 Ireland 194 12 94 7 81 Sweden 15 1 8 4 2 Switzerland 1... ...ember 25, 2004. 3. In April 2005, during the national election campaign in Germany, Franz Muntefering, then Chair of the Social Democratic Party (SPD)... ...y Leveraged Institutions Much before the onset of global financial crisis, Germany had raised the issue of regulating hedge funds, private equity fund...

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