• MSN
  • Hotmail
  • More
    • Autos
    • My MSN
    • Video
    • Careers & Jobs
    • Personals
    • Weather
    • Delish
    • Quotes
    • White Pages
    • Games
    • Real Estate
    • Wonderwall
    • Horoscopes
    • Shopping
    • Yellow Pages
    • Local Edition
    • Traffic
    • Feedback
    • Maps & Directions
    • Travel
    • Full MSN Index
  • Bing
  • NBCNews.com
  • TODAY
  • Nightly News
  • Rock Center
  • Meet the Press
  • Dateline
  • msnbc
  • Breaking News
  • Newsvine
  • Home
  • US
  • World
  • Politics
  • Business
  • Sports
  • Entertainment
  • Health
  • Tech
  • Science
  • Travel
  • Local
  • Weather
Advertise | AdChoices
  • Recommended: Little girl clutches flag during her father's funeral at Arlington
  • Recommended: The Week in Pictures: May 9 - 16
  • Recommended: Border security improvements create new deadly route for illegal immigrants
  • Recommended: Life-saving surgery for baby with swollen head brings parents joy, relief

Conversations sparked by photojournalism. Follow us on Twitter to keep up-to-date.

  • ↓ About this blog
  • ↓ Archives
    • Icons Email E-mail updates
    • Icons Twitter Follow on Twitter
    • Icons Feed Subscribe to RSS
  • 19
    Mar
    2013
    12:34pm, EDT

    Mortgage protesters occupy bank in Barcelona

    Emilio Morenatti / AP

    Members of Mortgage Victims' Platform (PAH), occupy a bank branch during a protest to support neighbors who are facing evictions processes in Barcelona, Spain, on March 19. With 26 percent unemployment, Spain is struggling to emerge from its second recession in just over three years. Spain's borrowing costs have dropped in recent months with investors less wary since European authorities announced the country would be helped, if needed, to handle its debt.

    Emilio Morenatti / AP

    A member of Mortgage Victims' Platform (PAH) blows an air horn as he occupies, with others, a bank branch during a protest to support neighbors who are facing the eviction process in Barcelona, Spain, on March 19.

    Emilio Morenatti / AP

    Members of Mortgage Victims' Platform (PAH), occupy a bank branch during a protest to support neighbors who are facing evictions processes in Barcelona, Spain, Tuesday March 19, 2013. With 26 percent unemployment, Spain is struggling to emerge from its second recession in just over three years.

     

    Follow @NBCNewsPictures

     

    Comment

    Show more
    Explore related topics: business, spain, banks, finance, euro, world-news, foreclosure
  • 13
    Feb
    2013
    10:58am, EST

    Century-old bank relies on one man and an adding machine

    Lisi Niesner / Reuters

    Peter Breiter, CEO of Raiffeisen Gammesfeld eG bank, serves a customer at the counter of the bank in Gammesfeld, Baden-Wuerttemberg. Things do not seem to have changed much since the bank was founded in 1890.

    Lisi Niesner / Reuters

    Peter Breiter works with an old adding machine. The bank is not connected to a database system, there are no cash machines and its customer base consists only of residents of the town of Gammesfeld, which has a population of around 510.

    Lisi Niesner / Reuters

    Fritz Vogt, 82, who used to run the bank and still helps out with paperwork, writes into a savings book. During his time at the bank he rejected the idea of IT, preferring his trusty fountain pen, and now eyes the 'new' computer with its floppy disks warily.

    By Victoria Bryan, Reuters

    Peter Breiter, 41, is an unusual banker. Not for him the big bonuses, complicated financial instruments and multi-million deals of Wall Street lore.

    He is happy instead writing transaction slips out by hand for the 500 inhabitants of the tiny southern German village of Gammesfeld.

    The Raiffeisen Gammesfeld eG cooperative bank is one of the country's 10 smallest banks by deposits and is the only one to be run by just one member of staff.

    Lisi Niesner / Reuters

    Peter Breiter rolls euro coins in paper.

    Lisi Niesner / Reuters

    Peter Breiter mops the floor in the waiting room of the bank.

    A typical day's work for Breiter involves providing villagers with cash for their day-to-day needs and arranging small loans for local businesses. Not to mention cleaning the one-story building that houses the bank, which is 200 meters from his own front door.

    Lisi Niesner / Reuters

    Peter Breiter holds the floppy disks he uses now that the bank has a computer.

    Moving from a bigger bank, where it was all "sell, sell, sell," Gammesfeld-born Breiter says taking up this job in 2008 was the best decision he ever made.

    The advertisement required someone to work by hand, without computers. The typewriter and the adding machine bear the signs of constant use, although Breiter, in his standard work outfit of jeans and a sweater, does now have a computer.

    "It's so much fun," Breiter, a keen mathematician, says as he deals with a steady stream of lunchtime customers. He knows his customers by name and regularly offers advice on jobs, relationship and money woes.

    Lisi Niesner / Reuters

    Peter Breiter, right, welcomes customer Mandes Rueger, 30, at the counter of the bank. Rueger, an insurance salesman, comes in around twice a week to use the bank.

    Raiffeisen Gammesfeld restricts its business to traditional retail banking --  no credit cards, shares, funds or even online banking. Annual profits are stable at around 40,000 euros ($54,000) and the biggest loan it ever made was for 650,000 euros ($875,000).

    Breiter said the financial crisis prompted interest in his bank from all over Germany: "One person rang up five times asking for a 4 million euro loan, but I had to refuse because he wasn't from Gammesfeld!" Read the full story.

    Photographer's blog: Lisi Niesner describes her visit to Germany's one-man bank

    EDITOR'S NOTE: Images taken on Jan. 29, 2013 and made available to NBC News today.

    Lisi Niesner / Reuters

    A Raiffeisen Gammesfeld eG bank stamp.

    Follow @NBCNewsPictures

    4 comments

    At my work we still have a DOS based database (Dbase 4) & it works great & YES we still use floppy disks. On my desk I have a Laptop using Windows 98SE & that way I can use our very fast database & also hop on the Internet. Now that is not to say that we don't have modern computers a …

    Show more
    Explore related topics: business, germany, economy, europe, bank, finance, world-news
  • 22
    Sep
    2011
    2:21pm, EDT

    Carl De Souza / AFP - Getty Images

    UBS equities trader Kweku Adoboli leaves City of London Magistrates court, in central London, on Thursday, Sept. 22.

    Rogue UBS trader 'sorry beyond words,' lawyer says

    By Jonathan Woods, msnbc.com

    The lawyer for Kweku Adoboli, the equities trader accused over a $2.3 billion fraud at Swiss bank UBS, said his client is "sorry and appalled," Thursday as he was remanded in custody. Defense lawyer Patrick Gibbs told the City of London Magistrates' Court "he is sorry beyond words for what has happened."

    Read more in our full story.

    Comment

    Show more
    Explore related topics: finance, stock-market
  • 5
    Aug
    2011
    9:09am, EDT

    Dismal expressions on trading floors as markets plunge across the world on Friday

    Frank Rumpenhorst / AFP - Getty Images

    A trader reacts at the stock market in the central German city of Frankfurt on August 5, 2011. The German Stock Index DAX showed a loss of 2.37 percent in late morning trading, after initially plunging by close to four percent at the open.

    Suzanne Plunkett / Reuters

    A trader works on the dealing floor at IG Index in London August 5, 2011. World stocks sank for an eighth straight session on Friday, wiping $2.5 trillion (1.53 trillion pounds) off their value on the week, as concern ballooned over the slowing global economy and the spread of debt anguish into Italy and Spain.

    Fareed Khan / AP

    An investor sits on the trading floor of Karachi Stock Exchange in Karachi, Pakistan on Friday, Aug 5, 2011. Asian stock markets tumbled Friday amid fears the U.S. may be heading back into recession and Europe's debt crisis is worsening.

    Truth Leem / Reuters

    A foreign currency dealer of the Korea Exchange Bank works in front of a screen displaying the Korea Composite Stock Price Index (KOSPI), at the bank's dealing room in Seoul August 5, 2011. South Korean shares fell on Friday for the fourth consecutive session, with shipbuilders leading declines on concerns over meager global economic growth. The Korea Composite Stock Price Index (KOSPI) ended 3.7 percent lower at 1,943.75 points.

    By Phaedra Singelis, NBC News

     U.S. stock markets look like they might open on a happier note this morning with positive news about jobs, but other markets weren't very upbeat today. More on the world markets.

    1 comment

    Is global warming bothering you once again Mr. Gore? BTW, you look a few years younger, have you been hitting the gym and dyed your hair?

    Show more
    Explore related topics: business, finance, stock-markets, world-news
  • 16
    Oct
    2010
    12:33am, EDT

    Shannon Stapleton/Reuters

    An 18-karat solid gold Monopoly set covered with hundreds of precious gemstones is seen at the Museum of American Finance in New York October 15, 2010.

    Go directly to jail

    I have great childhood memories of the game Monopoly, and I think it's a real piece of Americana. But I have to wonder what the folks at the Museum of Finance on Wall Street were thinking when they decided to display this solid gold set in the current economic climate.

    2 comments

    It is quite a display. How long will it be safe?

    Show more
    Explore related topics: of, monopoly, finance, museum, odd-news

Browse

  • world-news,
  • us-news,
  • featured,
  • sports,
  • weather,
  • protest,
  • politics,
  • asia,
  • india,
  • china,
  • europe,
  • space,
  • religion,
  • afghanistan,
  • middle-east,
  • environment,
  • travel,
  • london,
  • germany,
  • military,
  • animal-tracks,
  • tech-science,
  • jwoods,
  • japan,
  • fire,
  • south-asia,
  • conflict,
  • israel,
  • new-york,
  • russia,
  • pakistan,
  • cosmic-log,
  • snow,
  • egypt,
  • animals,
  • images,
  • entertainment,
  • business,
  • spain,
  • england,
  • africa,
  • earthquake,
  • flood,
  • libya,
  • syria,
  • economy,
  • winter
Also
Advertise | AdChoices

Jonathan Woods

Jonathan Woods worked for msnbc.com for three years, ending in 2012. For six years prior he worked as a photojournalist and multimedia producer for four newspapers across the U.S., including the Rocky Mountain News in Denver. Woods earned his B.A. in photojournalism from Western Kentucky University. He is now working for TIME Magazine, leading a team of picture editors online for TIME.com.

  • Follow me on Twitter
  • Look me up on Facebook

Phaedra Singelis

is a Supervising Producer at NBC News.com Previously she worked as an editor at the New York Times and the Washington Post in addition to working as a photojournalist at numerous newspapers.

Rich Shulman

is a multimedia editor at msnbc.com. Before that, he was a picture editor at Corbis and the Director of Photography at the Everett, Wa. Herald.

Rich Shulman Blogroll

  • NPPA
  • PDN Pulse
  • The Digital Journalist
  • Sportsshooter
  • Rob Galbraith

Archives

  • 2013
    • May (92)
    • April (172)
    • March (186)
    • February (195)
    • January (251)
  • 2012
    • December (262)
    • November (281)
    • October (371)
    • September (319)
    • August (406)
    • July (387)
    • June (386)
    • May (422)
    • April (425)
    • March (458)
    • February (451)
    • January (502)
  • 2011
    • December (452)
    • November (464)
    • October (441)
    • September (409)
    • August (507)
    • July (439)
    • June (456)
    • May (443)
    • April (403)
    • March (421)
    • February (508)
    • January (651)
  • 2010
    • December (634)
    • November (360)
    • October (188)
    • September (159)
    • August (110)
    • July (89)
    • June (146)
    • May (89)
    • April (71)
    • March (46)
    • February (43)
    • January (54)
  • 2009
    • December (54)
    • November (46)
    • October (36)
    • September (40)
    • August (31)
    • July (39)
    • June (32)
    • May (57)
    • April (41)
    • March (38)
    • February (44)
    • January (45)
  • 2008
    • December (72)
    • November (38)
    • October (40)
    • September (40)
    • August (75)
    • July (36)
    • June (37)
    • May (44)
    • April (34)
    • March (52)
    • February (45)
    • January (26)
  • 2007
    • December (36)
    • November (32)
    • October (72)
    • September (60)
    • August (40)
    • July (23)
    • June (25)
    • May (31)
    • April (43)
    • March (38)
    • February (35)
    • January (47)
  • 2006
    • December (64)
    • November (77)
  • 2000
    • October (1)

Most Commented

  • Buggy hordes of cicadas sighted in Virginia ... but New York? Not yet (75)
  • Morehouse graduates, alumni brave driving rain to hear Obama's commencement address (101)
  • Navy launches drone from aircraft carrier for first time (66)
  • Angry Maserati owner hires men to smash up his $420,000 supercar (42)
  • Man accidentally saws off arm, retrieves it, drives himself to hospital where it is reattached (35)
  • Lava fountain, ash cloud erupt from Alaska volcano (16)
  • 'The World at Night' can be brightly beautiful – but there's a dark side, too (18)

Other blogs

  • The Body Odd
  • Cosmic Log
  • Red Tape Chronicles
  • US News
  • Open Channel

NBCNews.com top stories

3147,10
© 2013 NBCNews.com
  • News photos on NBCNews.com
  • About us
  • Contact
  • Help
  • Site map
  • Careers
  • Closed captioning
  • Terms & Conditions
  • Privacy policy
  • Advertise