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Derivatives will lead to systemic failure of banks

By Egon von Greyerz

Founder and Chairman

KWN weekly – Dec 9, 2014

Greyer: “The derivatives exposure of major European and U.S. Banks are certain to initially lead to massive money printing combined with bail-ins. Eventually it will lead to the failure of a large number of banks…..

    About:

  • Systemic risk
  • Are Swiss banks safe?
  • A bet on gold and silver

Click here to read the Dec 9 interview.

About Egon von Greyerz
Born with dual Swiss/Swedish citizenship, Egon's education was mainly in Sweden. Egon von Greyerz began his professional life in Geneva as a banker and thereafter spent 17 years as the Finance Director and Executive Vice-Chairman of Dixons Group Plc. During that time, Dixons expanded from a small photographic retailer to a FTSE 100 company and the largest consumer electronics retailer in the U... More...

Egon von Greyerz
Founder and Chairman

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Zurich, Switzerland
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