European Banks Funding –

European banks are facing another round of sovereign debt concerns.  Some analysts believe that European banks that have exposure to Greek, Portuguese, and Spanish bonds may have to writedown values.  Some firms are leaving cash with the central bank and not lending the funds to counterparties.  One reason would be a concern that the counterparty could collaspe.

To read a related Bloomberg article, please click here:

Jim Sutliff

This entry was posted in Banking, Bonds, Currency, Economic News, Regulatory, Stocks. Bookmark the permalink.