But asset sales may be difficult in current markets, which could limit shrinkage.
By Anne-Sylvaine Chassany and Liam Vaughan, Bloomberg|October 19, 2011 at 04:40 AM|Originally published on Treasuryandrisk.Com
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
European banks, assuring investors they can weather the sovereign debt crisis by selling assets and reducing lending, may not be able to raise money fast enough to prevent government-forced recapitalizations.