Timeline Monday 11 May 1931

Events on Monday 11 May 1931 2

• 1931 Collapse of the Creditanstalt Failure of Austria's largest bank spreads the banking crisis across Europe The Vienna bank Creditanstalt announced huge losses and had to be rescued by the Austrian state. Its failure set off bank runs in Germany, Hungary and elsewhere in Central Europe. This turned the Great Depression into a Europe-wide financial crisis.
• 1931 M premieres Fritz Lang's thriller about a child murderer opens in Berlin Fritz Lang's first sound film stars Peter Lorre as a serial killer hunted by both the police and the criminal underworld. It made innovative use of sound, including a whistled leitmotif for the killer. It is regarded as one of the masterpieces of German cinema.