Europe's sovereign debt crisis is making it harder for banks to get their hands on dollars and may require central banks to step in with short-term liquidity to keep up the flow of money through Europe's economy.
Similar Stories to European Banks Head Toward New Funding Crunch on Bing News
WSJ.com: What's News US, Wall Street Journal
Fri, 05/07/2010 - 8:18am
BING NEWS:
- EU stress test forecasts €630bn bank losses from climate and macro shocks
Under this scenario, banks’ financial losses totalled more than €630bn, an increase of almost 90 per cent on losses (€343bn) under the baseline scenario. The baseline stress scenario saw the EU’s ...
11/20/2024 - 9:00 pm | View Link - Euro-Area Banks Are Vulnerable to US Funding Squeeze, ECB Says
Euro-area financial institutions are increasingly using dollar markets for liquidity, creating risks to financial stability if US funding dries up, according to the European Central Bank.
11/20/2024 - 2:07 am | View Link - More
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