Bloomberg
14 Mar 2013
Denmark’s biggest banks will need to hold as much as 5 percent additional capital as the Nordic nation looks for ways to protect its economy from financial industry losses ... “The capital requirements laid out in the report will lead to interest rates increasing and banks cutting lending, so they’ll have to change,” said Brian Mikkelsen, a Conservative parliamentary committee member ... “That’s an issue that the report addresses.” ... ....(size: 6.7Kb)
Jyllands Posten
21 May 2012
by Ray Weaver Fears of all-powerful city bosses lead party leaders to backtrack The City of Copenhagen has seven different mayors. Along with Mayor Frank Jensen, there are individual deputy mayors that oversee, among other things ... --> ... "We investigated it during the previous government and came to the conclusion that there are just to many problems with the idea," Konservative spokesperson Brian Mikkelsen told Politiken ... ....(size: 3.2Kb)
Bloomberg
12 Feb 2012
“We have no legal basis currently for granting it, but I understand that the government is seeking that,” Bjerre-Nielsen said in an interview ... Liquidity Lifeline ... Denmark is close to unveiling extra measures to accelerate bank mergers, Brian Mikkelsen, a member of the parliamentary committee that oversees banks, said Jan 25. Mikkelsen, as economy minister until last year, was an architect of the original consolidation legislation ... ....(size: 4.2Kb)
Bloomberg
31 Jan 2012
Denmark’s banking crisis is getting worse, threatening to trigger more failures, as loans to farms and small businesses sour and the property market fails to recover, the head of the Financial Supervisory Authority said ... Farm Loans ... 22 ... Lawmakers are in talks to broaden the latest bill, which targets consolidation in the industry, according to Brian Mikkelsen, a member of the parliament business committee that oversees banks ... ....(size: 5.4Kb)
Bloomberg
25 Jan 2012
The parliament’s business committee is in talks to broaden a consolidation bill passed in September as healthy banks in the Nordic country show reluctance to buy their troubled peers, said Brian Mikkelsen, a member of the committee who, as economy minister until last year, was an architect of the original legislation ... Denmark also needs to ensure any changes to the bill are cleared with the European Union, Mikkelsen said....(size: 3.6Kb)
The Guardian
25 Aug 2011
Economics and Business Minister Brian Mikkelsen said the plan would make it more attractive for healthy banks to take over struggling peers to avoid failures in the future. "All parties agree that we are in a turbulent situation on the international finance markets, and that Danish banks are in a difficult funding situation," Mikkelsen said ... Horwitz said ... Last 24 hours. Last 24 hours. Last 24 hours ... Search the Guardian bookshop. ....(size: 11.0Kb)
Wall Street Journal
12 Aug 2011
By FLEMMING HANSEN And GUSTAV SANDSTROM. COPENHAGEN—The Danish government is planning a new range of measures to support the country's banking sector, Minister of Economic and Business Affairs Brian Mikkelsen told reporters Friday ... Mikkelsen said said ... Mikkelsen, adding the government will also identify the country's systemically important banks ... Mikkelsen said ... Write to Gustav Sandstrom at gustav.sandstrom@dowjones.com. ....(size: 2.2Kb)
The Guardian
12 Aug 2011
(Adds details, quotes, background) COPENHAGEN, Aug 12 (Reuters) - Several small Danish banks are in a liquidity squeeze and the government is working on new measures to make it safe for foreign investors to lend to Denmark's banks, Economics and Business Minister Brian Mikkelsen said ... "It is hard for some of the smaller banks to get liquidity," Mikkelsen told a news conference on Friday....(size: 9.8Kb)
Wall Street Journal
12 Aug 2011
The Guardian
26 Jul 2011
Despite the fact that Anders Behring Breivik was not permitted to publicly justify his actions in public on Monday, a scrambling defence of his repertoire of prejudice is already in full swing ... The former Danish prime minister Anders Fogh Rasmussen declared a "battle of culture" against multiculturalism and Islam, and his culture minister, Brian Mikkelsen, explicitly targeted a "medieval Muslim culture" in Denmark ... ....(size: 5.5Kb)
The Guardian
01 Jul 2011
"Over the summer we shall come up with a concrete structure that will make it possible for healthy banks to take over banks in need," Economics and Business Affairs Minister Brian Mikkelsen told Reuters on Friday ... Mikkelsen said he had not ruled out government aid to the country's banks. "I will not reject that a state guarantee could be an option, but there will be no more taxpayers' money in the finance sector," Mikkelsen also said ... ....(size: 13.1Kb)
The Guardian
27 Jun 2011
1 last year ... NO STATE AID "We will not be involved with state aid," Minister for Economic and Business Affairs Brian Mikkelsen said on TV2 News. "We think that it is not reasonable to give state crowns to banks that are run badly and have got themselves involved in risky businesses and lost money on that," Mikkelsen said ... Mikkelsen said that banks would continue to pay the costs of government bank aid packages ... Last 24 hours ... ....(size: 11.2Kb)
The Guardian
27 Jun 2011
Fjordbank Mors became the ninth Danish bank to collapse following the 2008-09 financial crisis and the second to trigger a state-managed closure in which senior bondholders as well as shareholders will bear part of the losses ... 1 last year ... NO STATE AID "We will not be involved with state aid," Minister for Economic and Business Affairs Brian Mikkelsen said on TV2 News ... Last 24 hours. Last 24 hours. Last 24 hours ... ....(size: 11.7Kb)
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