Wednesday, February 1, 2023
  • About us
    • Write for us
    • Disclaimer
    • Terms of use
    • Privacy Policy
  • RSS Feeds
  • Advertise with us
  • Contact us
DefenceTalk
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports
No Result
View All Result
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports
No Result
View All Result
DefenceTalk
No Result
View All Result

Defence group EADS eyes launching own bank

by Agence France-Presse
July 16, 2012
in Defense Geopolitics News
1 min read
0
EADS chief calls on France, Germany to give up control
14
VIEWS

The European Aeronautic Defence and Space Company (EADS) is considering launching its own bank to better manage its accounts, the new chief of subsidiary Airbus said in an interview.

“Our parent company EADS is currently studying the possible advantages of founding our own bank,” Fabrice Bregier told the Sunday edition of German newspaper Die Welt.

“EADS, with some 10 billion euros ($12 billion), has strong accounts and does everything to keep its liquid assets protected. Holding a banking licence would perhaps give us more options.”

A banking licence would enable the multinational aerospace and defence group to deposit cash directly into the European Central Bank, without using traditional banks that are exposed to the eurozone debt crisis.

Bregier, who became Airbus chief executive after predecessor Tom Enders took over as head of the EADS group in May, also said Airbus does not have an emergency plan in case of a eurozone implosion because it would be impossible to predict the effects.

“We’ve obviously spoken with banks and a series of advisors. But even they don’t know what would happen, in concrete terms,” he said.

“The only thing everyone agrees on is to say that it would be painful all around.”

Tags: AccountingbankbankingdefenceEADSfinance
Previous Post

Boeing to Collaborate with Elbit Systems on Hermes 450 and 900 UAS

Next Post

AGM-114K3A or AGM-114R3 HELLFIRE Missiles for Qatar

Related Posts

China made third-largest air incursion this year, says Taiwan

Senior US general warns of possible looming war with China

January 28, 2023

A four-star US Air Force general has warned of a conflict with China as early as 2025 -- most likely...

Denmark in talks with Israel to replace howitzers donated to Ukraine

Denmark in talks with Israel to replace howitzers donated to Ukraine

January 27, 2023

After pledging all 19 of its French-made Caesar howitzers to Ukraine, Denmark is in talks with Israeli arms maker Elbit...

Next Post
Army’s Apache fires first Hellfire missiles at sea

AGM-114K3A or AGM-114R3 HELLFIRE Missiles for Qatar

Latest Defense News

India approves purchase of 33 Russian fighter jets

Two Indian military jets crash, one pilot killed

January 30, 2023
China made third-largest air incursion this year, says Taiwan

Senior US general warns of possible looming war with China

January 28, 2023
French Air Force Mirage 2000 jet fighter

France could meet Ukraine’s demand for fighter jets

January 27, 2023
Denmark in talks with Israel to replace howitzers donated to Ukraine

Denmark in talks with Israel to replace howitzers donated to Ukraine

January 27, 2023
Israel, Gaza militants trade missiles after deadly West Bank raid

Israel, Gaza militants trade missiles after deadly West Bank raid

January 27, 2023
Leopard tanks to arrive in Ukraine around late March: Germany

Leopard tanks to arrive in Ukraine around late March: Germany

January 27, 2023

Defense Forum Discussions

Loading RSS Feed
DefenceTalk

© 2003-2020 DefenceTalk.com

Navigate Site

  • Defence Forum
  • Military Photos
  • RSS Feeds
  • About us
  • Advertise with us
  • Contact us

Follow Us

No Result
View All Result
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports

© 2003-2020 DefenceTalk.com