Europe’s Besieged Banks, Relief….MF Global & Greece’s Ejection

EU banks have received a short period of relief from the unpleasant sovereign debt crisis of the GIIPS. As bank shares recovered from political efforts to provide a comprehensive program for resolving the crisis. The recent 29% writedown on Greek debt held by the private sector and a plan to help support bank racapitalisation byContinue reading “Europe’s Besieged Banks, Relief….MF Global & Greece’s Ejection”