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Santander and Deutsche banks fail a US Fed Reserve “stress test”

Friday, March 13th 2015 - 13:06 UTC
Full article 13 comments

Spain's Santander and Deutsche Bank have failed a US “stress test” designed to assess whether lenders can withstand another financial crisis. The review, carried out by the Federal Reserve, gauges whether the biggest banks operating in the US have the “ability to lend to households and businesses even in times of stress”. Read full article


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  • ilsen

    Tonight I 'stress-tested' my Santander Bank Card at the delightful restuarant Viet Ho!, just off Old Street in East London, whilst paying for a large group of well-fed and thoroughly inebreiated friends and colleagues.

    It passed.



    Mar 14th, 2015 - 03:31 am - Link - Report abuse 0
  • ChrisR

    “A further 28 banks passed the tests.”

    HA, HA, HA, HA, you know the rest.

    You have to laugh at the Fed! Horse, gate, bolt. Do you think they speak jibber-jabber, because that is the order they are running things.

    You were supposed to stop the rot BEFORE it happened you numbnuts.

    As for “Santander's US chief executive, Scott Powell, said the bank had “meaningful work to do to meet our regulator's expectations and our own standards of excellence”.”

    I bet that little quip comes as a shock to Ana Patricia Botín the daughter of the main man who built the bank into what it is today now deceased, herself the new Chairman of the entire business.

    “Scott” has only just got the new job! I wonder how long he will last?

    Mar 14th, 2015 - 01:00 pm - Link - Report abuse 0
  • Conqueror

    @1, 2. Your comments are all very well and, no doubt, extremely erudite. However spain is on its way down the tubes. Check out its economic prospects, its argie-like lies, its 'exposure ' to tourist departure, its economic war. Amazingly, a little country of 30,000 people has a much better economy, doesn't lie, is a magnet for tourists and has more 'supporters' than spain. Gibraltar abandons spain, sacks all spanish workers, closes frontier, enhances links with Morocco. Hi-speed catamaran cargo vessels. Linked by air. Spain suffers. More unemployment. Demands for more benefits. Businesses fail. Spain bankrupt. Might be bought by British tourists.

    Mar 14th, 2015 - 03:57 pm - Link - Report abuse 0
  • ChrisR

    @ 3

    As attractive the scenario is of Spain disappearing up its own culo do you really think it likely?

    Not within my life span (~ 10 years).

    Mar 14th, 2015 - 06:53 pm - Link - Report abuse 0
  • ilsen

    @ 2I was just making a silly comment, get a sense of humour before your bile kills you.
    I like to be 'light' sometimes, it adds a little colour.
    Whilst I do comment seriously, you should get when I am taking the mickey.

    Mar 15th, 2015 - 03:48 am - Link - Report abuse 0
  • ChrisR

    @ 5 ilsen
    “@ 2I was just making a silly comment, ”

    I was not in anyway referring to your pos. I have no idea why you are going off the deep end with me.

    Mar 15th, 2015 - 07:28 pm - Link - Report abuse 0
  • Mastershake

    LOL! look at these two fags fingerblasting each other. ChrisR and ilsen with the MAD, they got that rageramble, that screenstare sourpuss

    Mar 15th, 2015 - 11:19 pm - Link - Report abuse 0
  • ChrisR

    @ 7

    Ah, you are back!

    What a shame, now fuck off back under the shit pile you call your home and leave the grown ups to get on with it.

    Mar 16th, 2015 - 11:39 am - Link - Report abuse 0
  • ilsen

    Sorry ChrisR, it was meant to be for Conq. (and was also thoroughly drunk!)


    Mar 16th, 2015 - 02:08 pm - Link - Report abuse 0
  • ChrisR

    @ 9 ilsen

    It's OK, I thought as much.

    Mar 16th, 2015 - 07:22 pm - Link - Report abuse 0
  • ilsen

    @10 ChrisR
    Thank You.

    In return here is a piece of specialist Pulp Fiction trivia, specially and specifically for you.
    I have been informed that the gun Vincent Vega, (John Travolta), uses is a 1911A1 Auto Ordnance .45 ACP pistol, (originally designed in WWII, but not this version), that has been chromed and given mother of pearl grips. Jules' gun is a Star Model B 9mm pistol that has been chromed and given mother of pearl grips also.

    Not really my subject but I thought it maybe of interest to you.

    Mar 17th, 2015 - 03:46 am - Link - Report abuse 0
  • ChrisR

    @ 11 ilsen

    Thank you for that.

    The Colt 1911 semi-automatic pistol was designed by the most famous American firearms designer of his day, John Moses Browning, in response to a disaster in central America when some indigenous Indians virtually wiped out a US patrol, the officer of which had a 0.38 revolver and despite emptying all six rounds into a charging “savage” was himself killed by the spear the “savage” carried. The “savage” was killed by the Troop trumpeter, armed with a Colt SAA revolver in 0.45 Long Colt firing a round into his head at less than barrel length range.

    The 1911 was finalized in the original design in 1908 (from an original JMB design of 1900) and tested in the slaughter yards of Chicago by a Cavalry Sergeant who fired successive rounds into steers due for slaughter. It took an average of three rounds to kill the beasts!

    The 0.45ACP round (Automatic Colt Pistol) centres around a 230 grain jacketed bullet at 1,000 feet per second. Essentially it's a smasher instead of a 'zipper' which characterises the ubiquitous 9 mm parabellum cartridge. Hit somebody in the chest with a 0.45ACP and they WILL go down and if left will probably bleed to death unless help gets there. The 9 mm round is useless in comparison and unless a shot is made directly into the head (or heart) the target will survive and may well kill you there and then.

    I had two 0.45's: a 1911A1 and a S&W Third Gen pistol model no 4506 in SS:
    I bought this gun new in 1984 (I think) some 76 years after the 1911!

    The Star 9mm pistol is crap as are all Stars (Spanish of course) unless they have been extensively worked on by an expert pistol smith. Anything above 10 yards and you would be lucky to hit it and I would never use one if my life depended on it: a BURSA Thunder model 9mm in steel (made in Argentina) is a far better gun and much more accurate and reliable.

    It costs DOUBLE in UYU what you can get one for in the USA.

    Mar 17th, 2015 - 06:34 pm - Link - Report abuse 0
  • ilsen

    You certainly know your stuff!
    Thanks! Most interesting.

    Mar 18th, 2015 - 10:43 am - Link - Report abuse 0

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