Rescue packages and a rebounding economy have stabilised the German banking system. But it remains vulnerable to weak profitability, low-quality capital and exposure to cyclical industries abroad. Moreover, some believe that even the crisis has failed to force structural change. Writer Geraldine Lambe
View from Davos 2011
Date: 26-30 January, 2011
Location: Davos, Switzerland
The Banker attended the 2011 World Economic Forum's annual meeting in Davos.
Three themes dominate The Banker's editorial coverage from Davos 2011 - regulation, climate change and sovereign default. Read our expert insight and coverage from the event below.
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Play it again, John
January 2, 2008Sometimes a telling quote can be more profound than the entire book... and it certainly involves less reading. The Banker’s editors sat down and thought about the books, throughout history, that have had the most impact on business and finance and the most famous quotes from them. Here is their Top 10 selection. The star choice, which is especially relevant to the current crisis, is from the late John Kenneth Galbraith’s A Short History of Financial Euphoria.