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. :winkwink:

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....

Swiss banks are good point for selection :)

Greece, Portugal and Italy... lol...

Yeah Swiss banks are strong!

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...

Canadian banks seem to be among the strongest and were least impacted by the financial crisis.

NORDEA Bank

Norwegian banks..

Pillow Credentials

just keep it under the mattress

Barclays they had any handouts

:1orglaugh:1orglaugh:thumbsup

Credit Unions.

Singapore.

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.

Anyone have any insights on Raiffeisen Bank and / or BRD - Groupe Société Générale?

They took money from the arabs (instead of the government) didnt they?

Deposit insurance in Norway is 2 mill NOK ($350k /?257k). Spread em out and it should be safe...

Back in the day they also sold them from the trolleys inflight.

Your own personal spank bank...

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.

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.

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!!!!!!!!!!!!!!!!

Was this question triggered by report of loss of unicredit group?And that suck because i have my bank account there.

I agree for the most part, sure is affecting their stock prices though...

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.

Probably swiss ones...

hahahaha

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.

here is a list of banks http://www.norway.gr/Embassy/Informa...-bank-account/

Andorra, good place.

The money is in a education fund and not for the banks. ( 500 miljard euro )

The ones with russian rubles.

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.

i know: epassporte's wallet !

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.

5) vote for rick santorum while you work in porn

...

get also some silver nitrate, if you have some warts to burn

try this in google:

cache:http://en.wikipedia.org/wiki/J%C3%A9r%C3%B4me_Kerviel