Failed banks have to exit the market
09/17/13 • 2 min
The crisis was a lost opportunity to restructure the banking system in Europe, according to Josef Ackermann, former Chairman of Zurich Insurance Group and Vice-Chairman of the Foundation Board of the World Economic Forum.
The crisis was a lost opportunity to restructure the banking system in Europe, according to Josef Ackermann, former Chairman of Zurich Insurance Group and Vice-Chairman of the Foundation Board of the World Economic Forum.
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Ackermann: New alternatives to traditional banks
The former chairman of Zurich Insurance Group, Josef Ackermann, talks to CNN's Richard Quest about banks being replaced by new funding mechanisms.
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The role of central banks in Europe
Are central banks being stretched to breaking point? CNN's Richard Quest and Josef Ackermann of Zurich Insurance Group discuss the topic at London Business School's Global Leadership Summit 2013.
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