Wednesday, September 16, 2009

European Banks Over-Exposed to Credit Default Swap Risk

European Banks Still Exposed to Credit Default Swap Risk

It's a big mistake to assume that bank balance-sheets across Europe have already seen the worst as the global economic recovery enters its sixth month.

Credit default swaps, contracting bank lending, tepid consumer spending and regional woes in Central Europe all pose ongoing threats to a sustainable recovery in Europe.
-full article
 

0 Comments:

Post a Comment

<< Home