Bank Failure

FACULTEIT ECONOMIE EN BEDRIJFSKUNDE TWEEKERKENSTRAAT 2 B-9000 GENT Tel. Fax. : 32 - (0)9 264.34.61 : 32 - (0)9 264.35.92 running(a) PAPER1 The clangour of a atomic number 63an pious platitude in the monetary crisis: an outline from strategic, stakeholder, ethical and judicature perspectives Yves Fassin2 Derrick Gosselin3 June 2011 2011/726 1 An primary(prenominal) part of this article has been publish in the Journal of parentage Ethics: DOI 10.1007/s10551-010-0586-y 2 synonymous author, Department of Management, intromission and Entrepreneurship, Tweekerkenstraat 2, 9000 Gent, Belgium 3 Department of Marketing, Tweekerkenstraat 2, 9000 Gent, Belgium & University of Oxford, Green Templeton College, Woodstock Road OX2 6HG Oxford, get unitedly Kingdom. D/2011/7012/31 1 The clang of a European bank in the monetary crisis: an analysis from strategic, stakeholder, ethical and governance perspectives In 2007, the sub-prime owe crisis in the US spread to Europe and to the rest of the realism leading to a global financial crisis without precedent since the 1930s. Banks s exit trusting each other, button the worlds thrift into the deepest recession of the post-war era.

After the collapse of the Lehman Brothers bank and Northern joust in the UK, mid-September 2008, the Fortis group was the first off major European bank and insurance company to sound in mainland Europe as a result of the financial crisis. Fortis was the leading Benelux financial group, with planetary activities and one of the top fin financial institutions in the EU. Until then, Fo rtis had been a success story of sequent me! rgers of bank and insurance companies. Its leaders in corporate social responsibility (CSR), stood as a model for international cooperation, with Belgian and Dutch roots. The acquisition of a major part of the primary(prenominal) Dutch financial conglomerate ABN AMRO, was a further tone of voice to bring Fortis in the top financial groups in Europe, with merchandise leadership in Benelux. However,...If you unavoidableness to get a full essay, position it on our website: BestEssayCheap.com

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