Schrooten, Mechthild; Sievert, Rainer - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 79 (2010) 4, pp. 9-25
In Germany banks play a major role in finance. In tranquil times the German banking sector was known as stable but low performing in terms of return on equity. Nevertheless, since years huge problems of the state-owned "Landesbanken" have been known. Meanwhile it became clear that single banks...