Neue Risken nach dem Rückzug

Banken. Dass sie in Osteuropa leisertreten, hat Österreichs Institute sicherer, aber weniger mächtig gemacht. Droht nun neuer Übermut?

Von Karl Gaulhofer , diepresse.com
11.12.2017 um 18:41

Wien. Emotional lässt sich das Osteuropa-Abenteuer von Österreichs Banken in drei Phasen teilen: Euphorie, Entsetzen und Erleichterung. Letztere dominiert bis heute. Denn die Institute haben das Risiko nach der Krise in den Griff bekommen. Der Anteil notleidender Kredite sinkt kontinuierlich. Aber die Sicherheit hat ihren Preis: Sie erforderte einen Rückzug aus besonders volatilen Märkten, Verkauf von Töchtern und Kreditpaketen. Damit hat sich der Marktanteil der rot-weiß-roten Pioniere in der Region seit 2004 halbiert, von 16 auf acht Prozent. Das zeigt der aktuelle Stabilitätsbericht der Nationalbank (OeNB; siehe rechte Grafik). In die Lücke stießen lokale Player und Konkurrenten aus Westeuropa vor. Dass die Unicredit ihr Ostgeschäft seit 2016 direkt von Mailand aus steuert und nicht mehr über die Bank Austria in Wien, war hier nur der letzte Schlag. 

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The Hungarian Government’s Failed Campaign of Lies

George Soros is Chairman of Soros Fund Management and Chairman of the Open Society Foundations. A pioneer of the hedge-fund industry, he is the author of many books, including The Alchemy of Finance, The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What it Means, and The Tragedy of the European Union

Dec 8, 2017 George Soros, Project Syndicate

The Hungarian government has released the results of its „national consultation“ on what it calls the „Soros Plan“ to flood the country with Muslim migrants and refugees. But no such plan exists, only a taxpayer-funded propaganda campaign to help a corrupt administration deflect attention from its failure to fulfill Hungarians’ aspirations.

NEW YORK – In October, Hungary’s government mailed questionnaires to all four million of the country’s households asking for peoples’ views on seven statements describing my alleged plan to flood Europe, and Hungary in particular, with Muslim migrants and refugees. The government made seven assertions about what it calls the “Soros Plan.” I rebutted each and every one based on my published statements or the lack of any published statements that could substantiate them.

Superior IQs associated with mental and physical disorders, research suggests

Date: 09-12-2017
Source: www.scientificamerican.com
Subject: Bad News for the Highly Intelligent

Bad News for the Highly Intelligent

There are advantages to being smart. People who do well on standardized tests of intelligence—IQ tests—tend to be more successful in the classroom and the workplace. Although the reasons are not fully understood, they also tend to live longer, healthier lives, and are less likely to experience negative life events such as bankruptcy.

Now there’s some bad news for people in the right tail of the IQ bell curve. In a study just published in the journal Intelligence, Pitzer College researcher Ruth Karpinski and her colleagues emailed a survey with questions about psychological and physiological disorders to members of Mensa. A “high IQ society”, Mensa requires that its members have an IQ in the top two percent. For most intelligence tests, this corresponds to an IQ of about 132 or higher. (The average IQ of the general population is 100.) The survey of Mensa’s highly intelligent members found that they were more likely to suffer from a range of serious disorders.

What Does the Brexit Deal Mean for The City of London and Wall Street Banks?

Date: 09-12-2017
Source: The Wall Street Journal

Bankers push for more clarity as the U.K. moves into the next phase of Brexit negotiations

The U.K. and the European Union Friday reached a deal on the opening terms in their Brexit negotiations. What does that mean for London’s finance industry?

Not a ton. “It doesn’t do anything concrete,” said Joe Cassidy, a partner at consultancy KPMG. “All this does is allows us to move onto the next stage of the discussion.”

But the next stage includes two important things for the City of London: First, an agreement on a transition period that would maintain regulatory certainty over several years as businesses adjust after Brexit, and second, a potential EU-U.K. free-trade agreement for financial services.

Transition Deal