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06-09-2011, 05:08 PM #1
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33 European Banks Need Additional $347 Billion of Capital
Tuesday, June 07, 2011 10:48 AM
Excluding Default Risk, 33 European Banks Need Additional $347 Billion of Capital; Banks Trade Below Book Value; Only 22% Expect Credible Stress Test
European banks have $188 Billion at risk from Greece, Ireland, Portugal, and Spain. Excluding default risk, those banks are still woefully short of capital according to a study coming out tomorrow.
Please consider European Banks’ Capital Shortfall Means Greece Debt Default Not an Option http://www.bloomberg.com/news/2011-06-0 ... ption.html
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2 foreign nationals in ICE custody after alleged attempted...
05-18-2024, 07:35 AM in General Discussion