Banking on Germany? Case Solution
This case can be found in just hard copy format (HBP doesn't have digital distribution rights to the content). Because of this, a digital Teacher Duplicate of the case isn't accessible through this web site. EU monetary policies, international treaties including Basel II, the economics of globalization and Germany's own regulatory reforms hit to the core of its conventional, relationship-banking model.
The outcry against these reforms grew so great the German chancellor, Gerhard Schroder, declared that Basel II wasn't satisfactory for Germany, particularly because it changed the funding of Mittelstand (small and medium-size businesses), the anchor of the German market. With the economy stagnating, joblessness growing, job development procrastinating, the budget deficit growing, insolvency reaching record rates, and German banks experiencing a simultaneous structural and gains disaster, companies and German banks wondered what the future had in store in their opinion.
This is just an excerpt. This case is about GLOBAL BUSINESS
PUBLICATION DATE: April 18, 2003