Monday, Apr 12, 2010
Wonder if france will be the next greece?
Yahoo: French banks among worst hit by capital uncertainty
French banks may be among the most exposed in Europe to tighter capital requirements due in 2012, despite having emerged relatively unscathed from the global financial crisis.
Fears that stricter guidelines will leave French banks like Credit Agricole (Paris: FR0000045072 - news) and Natixis (Paris: FR0000120685 - news) short of billions of euros in core capital have hurt their share valuations and are likely to persist until more clarity emerges.
Posted by mark @ 03:05 PM (346 views) Add Comment
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