Islands Kaupthing Bank in der Finanzkrise (PDF)

Studienarbeit aus dem Jahr 2011 im Fachbereich BWL - Bank, Börse, Versicherung, Note: 1,0, Europa-Universität Viadrina Frankfurt (Oder), Veranstaltung: Privatisierung, Insolvenz und Restrukturierung in Transformationsstaaten / Teil II - Makroökonomische und juristische Perspektiven von Systemtransformation in MOE und Finanzkrise, Sprache: Deutsch, Abstract: In the year 2007 the financial crisis began due to high-flying banks attempting to gain more
and more profit. In the course of that several banks went bankrupt, because the system
broke down partly and was only able to survive with the help of governments' interventions.
There are many articles available about this topic all over the world. This paper takes
another point of view on that situation and focuses on the Icelandic banking sector and
especially on the Kaupthing Bank. The situation is reviewed out of a German depositor's
point of view due to the - only short - discussion in German media and the possible big
losses of them. Emphasis is placed on the deposit protection and liquidity management in
banks, which should be strengthened through the development of the new Basel-III-scheme.
While considering depositor's protection and therefore bank's liquidity management, the
new Liquidity Coverage Ratio (LCR) and the Net Stable Funding Ratio (NSFR) are discussed in
detail. The new developed management ratios will be implemented and analyzed
hypothetically. An answer should be found to the question, whether Basel-III would have
been able to improve the situation concerning liquidity management. The second question
asked is, whether there are possible improvements concerning deposit protection in foreign
bank branches in Germany. In the end the paper tries to find a way of designing the deposit
protection system more transparent and therefore more reliable for German households.