You can Bank of It – European Banks need tons of Money – GMO

The global economy has been one victim of the recent crisis of European sovereign debt, but Europe’s banking
sector and the investors who have financed it will be the next. A great deal of pushing and shoving has forced
European authorities to accept that there is a problem in their banking sector. Some are working hard to understand
the problems and others see themselves as immune, though they probably are not; but all have been tempted to let
political factors influence decisions that need to be based on sound economic and regulatory footings.

You can Bank of It – European Banks need tons of Money – GMO.pdf

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: