Expert Analyses of the following article:
Europe's Real Estate Slump May Spark Wave of Local Bank Mergers
Source: www.bloomberg.com
October 8, 2008
Understanding the European Financial Crisis
Author: GLG Expert Contributor
Understanding the European Financial CrisisAuthor: GLG Expert Contributor
There is a bank capital crisis in Europe; while headlines focus on the largest institutions in trouble (UBS, Fortis, RBS), the problem extends to the smaller banks as well. The search for capital will radically change the structure of the European financial system.
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