Shrink Germany’s problem banks

Commentary feature in which writer calls for a major reform of the Landesbanks (regional savings banks) in Germany. He says they are bloated institutions that rely heavily on wholesale funding.

ESO: Background information: Basel III sets stage for Landesbank reform / German banks warn Basel will weigh on profits http://www.europeansources.info/record/basel-iii-sets-stage-for-landesbank-reform-german-banks-warn-basel-will-weigh-on-profits/

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