Law
104,00 €
including VAT
including VAT
cloth
ISBN 978-3-16-157596-9
available
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Published in German.
The financial crisis and the measures taken to deal with it led to profound changes in how national central banks operate in the euro area. As a consequence, the balance sheet of Germany's Federal Bank has also grown lengthier, which could lead to higher gains – or bigger losses. Timo Sebastian Heller takes a close look at both current regulations for the distribution and disposition of banks' profits as well as possible ways to deal with heavy losses.