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Old 11-14-2011, 07:09 AM   #1
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EURO CRISIS: Which Banks Are Safest?

With the whole Euro Crisis rearing its ugly head again, one has to consider which are the safest banks for holding your deposits. Intelligent suggestions please - so we can all fire them down.

I guess you might look at least exposed to Greek, Italian, Spanish, Irish and Euro debt generally, but you might also look at secondarily low exposure to UK, US and Japanese debt....

Last edited by Vendot; 11-14-2011 at 07:10 AM..
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Old 11-14-2011, 07:11 AM   #2
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Swiss banks are good point for selection
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Old 11-14-2011, 07:16 AM   #3
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Greece, Portugal and Italy... lol...

Yeah Swiss banks are strong!
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Old 11-14-2011, 07:19 AM   #4
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Swiss banks are good point for selection
Yep not least since they are not part of the ?. I was sold a Swiss Army Knife at Geneva airport yesterday. Which I thought was odd...
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Old 11-14-2011, 07:19 AM   #5
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Canadian banks seem to be among the strongest and were least impacted by the financial crisis.
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Old 11-14-2011, 07:28 AM   #6
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NORDEA Bank
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Old 11-14-2011, 07:29 AM   #7
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Norwegian banks..
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Old 11-14-2011, 07:37 AM   #8
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Old 11-14-2011, 07:43 AM   #9
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just keep it under the mattress
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Old 11-14-2011, 07:47 AM   #10
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Barclays they had any handouts
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Old 11-14-2011, 07:48 AM   #11
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just keep it under the mattress
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Old 11-14-2011, 07:56 AM   #12
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Old 11-14-2011, 08:01 AM   #13
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Old 11-14-2011, 08:44 AM   #14
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no bank is safe.

some countries gurantee a certain amout deposited. Ie, I think the UK protects the first £50k and the USA has such a system.

But no bank is safe.

1.Its not yey clear if all the bad depts have been uncovered.

2. banks insure each other. by this bank a will pay bank b x amount in case it makes a loss. if bank a makes a loss it takes money from bank b. however if a large bank fails, as it fails it will take the money from bank b, who in turn will take money from bank c. all banks fall like cards.

my mate works for a uk bank beginning with L, and the talk is that it is about to fail. shares have droped. key personell have gone off sick.
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Old 11-14-2011, 08:45 AM   #15
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Anyone have any insights on Raiffeisen Bank and / or BRD - Groupe Société Générale?
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Old 11-15-2011, 01:42 AM   #16
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Barclays they had any handouts
They took money from the arabs (instead of the government) didnt they?
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Old 11-15-2011, 02:09 AM   #17
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no bank is safe.

some countries gurantee a certain amout deposited. Ie, I think the UK protects the first £50k and the USA has such a system.
Deposit insurance in Norway is 2 mill NOK ($350k /?257k). Spread em out and it should be safe...
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Old 11-15-2011, 03:09 AM   #18
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Yep not least since they are not part of the ?. I was sold a Swiss Army Knife at Geneva airport yesterday. Which I thought was odd...
Back in the day they also sold them from the trolleys inflight.
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Old 11-15-2011, 03:16 AM   #19
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Old 11-15-2011, 03:23 AM   #20
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http://www.moneywise.co.uk/news/2008...icelandic-bank

This would be why physical gold is so attractive. Hindsite is 20:20, but gold will always remain gold and shows no sign of going out of fashion in the rest of the world.
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Old 11-15-2011, 03:24 AM   #21
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Anyone have any insights on Raiffeisen Bank and / or BRD - Groupe Société Générale?
Given Societe Generale's "incidents" in the past few years and France's exposure to the PIIGS I would be cautious with them.
Raiffeisen has its fair share of problems and Austria's exposure is to Eastern Europe, which in a predictable climate, given that EE is an emerging economy, would have better hopes for the future.
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Old 11-15-2011, 03:39 AM   #22
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We got as much as we could out of my pensions in 2008 and put it into banks hare and land. Law limits how much we could take out. Worries us what will happen if the crash is bad.

Might have to go back to work!!!!!!!!!!!!!!!!
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Old 11-15-2011, 05:44 AM   #23
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Greece, Portugal and Italy... lol...

Yeah Swiss banks are strong!
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Old 11-15-2011, 07:55 AM   #24
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Was this question triggered by report of loss of unicredit group?And that suck because i have my bank account there.
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Old 11-15-2011, 08:15 AM   #25
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Canadian banks seem to be among the strongest and were least impacted by the financial crisis.
I agree for the most part, sure is affecting their stock prices though...
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Old 11-15-2011, 08:43 AM   #26
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French banks are risky now too because they invested a lot of money in Greece. I used to have quite a som with Credit Agricole and I took most of it and burried it in my garden. So if you ask me, what's the safest bank, I would say: that hole in your garden. But do cover it because if your neigbors find out, it will be gone.
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Old 11-15-2011, 01:10 PM   #27
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Probably swiss ones...
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Old 11-15-2011, 01:17 PM   #28
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hahahaha
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Old 11-15-2011, 01:35 PM   #29
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Old 01-18-2012, 02:51 PM   #30
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Norwegian banks are safe, as others have also said there is a guarantee 2 mill nok from goverment for each bank and alot of norwegian banks to choose from. Norwegian gov has alot of money to back up the banks as well.
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Old 01-18-2012, 02:53 PM   #31
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here is a list of banks http://www.norway.gr/Embassy/Informa...-bank-account/
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Old 01-18-2012, 03:09 PM   #32
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Andorra, good place.
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Old 01-18-2012, 03:11 PM   #33
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Norwegian banks are safe, as others have also said there is a guarantee 2 mill nok from goverment for each bank and alot of norwegian banks to choose from. Norwegian gov has alot of money to back up the banks as well.
The money is in a education fund and not for the banks. ( 500 miljard euro )
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Old 01-18-2012, 04:56 PM   #34
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The ones with russian rubles.
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Old 01-18-2012, 05:16 PM   #35
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buy some alcohol bottles and cigarettes.
It has a good value on the black market.
Buy also a good reserve of hardtack, a crossbow, and some tablets to purify the water.
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Old 01-18-2012, 05:21 PM   #36
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i know: epassporte's wallet !
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Old 01-18-2012, 05:25 PM   #37
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Unrelated activities ordered by level of stupidity and/or unnecessary risk:

1) Running with scissors.
2) Fucking cheap hookers without rubber.
3) Skydiving with no parachute.
4) Taking financial advice from random, clueless assholes online.

Oh, and by the way, go with the Norwegian banks.
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Old 01-18-2012, 05:30 PM   #38
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5) vote for rick santorum while you work in porn

...
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Old 01-18-2012, 05:34 PM   #39
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get also some silver nitrate, if you have some warts to burn
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Old 01-18-2012, 05:51 PM   #40
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try this in google:

cache:http://en.wikipedia.org/wiki/J%C3%A9r%C3%B4me_Kerviel
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Old 01-18-2012, 05:53 PM   #41
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Large corporations pulled their funds as most now sit with massive reserves. The real question you need to ask? - why is that?

if they own everything in euro, it sucks anyway

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Old 01-18-2012, 08:20 PM   #42
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None. Put 1 dollar in a bank and they loan out 10 to 100.
First rumour of smoke and fire evolves in a bankrun. No bank can defend itself against gossip and fear.
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Old 01-18-2012, 11:15 PM   #43
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Polish banks are apparently largely unaffected. I understand we were the only economy in the EU not affected by the recession
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Old 01-18-2012, 11:22 PM   #44
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Canada banned cross bows
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Old 01-18-2012, 11:35 PM   #45
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Canada banned cross bows
Say what?
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Old 01-19-2012, 03:32 AM   #46
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NORDEA Bank
This
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Old 01-19-2012, 04:05 AM   #47
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Canada banned cross bows
excalibur is a canadian brand
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Old 01-19-2012, 04:34 AM   #48
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any of the biggest US banks is the safest bet. unlike the EU, the USA spares no expense to keep our banks in business, even when they try to sink the entire economy.
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Old 01-19-2012, 04:57 AM   #49
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any of the biggest US banks is the safest bet. unlike the EU, the USA spares no expense to keep our banks in business, even when they try to sink the entire economy.
Unlike the EU?
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Old 01-19-2012, 07:05 AM   #50
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Swiss, Norway, Sweden are all countries which doesn't have the Euro exposure, come with banking gurantees from solid governments more or less unaffected by the current crisis.
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