France's top banks are reportedly bracing themselves for a likely credit rating downgrade from ratings agencies [EPA]Europe's financial sector is under fresh scrutiny with shares in French banks tumbling on fears of an imminent credit rating downgrade and British banks facing new rules intended to reduce their exposure to future economic turmoil.
French banks are considered to be particularly exposed to debt in Greece and Italy, and Reuters news agency reported on Saturday that they were bracing themselves for a likely downgrade by credit rating agency Moody's.
Societe Generale, one of the country's biggest banks, said on Monday it would speed up asset disposals and further cut costs to free up $5.4bn in capital by 2013 in its latest attempt to reassure the markets that it can contain any fallout from the eurozone debt crisis.... Lire...
Aucun commentaire:
Enregistrer un commentaire
Ce blog est ouvert à la contradiction par la voie de commentaires. Je tiens ce blog depuis fin 2005. Tout lecteur peut commenter sous email valide et sous anonymat. Tout peut être écrit mais dans le respect de la liberté de penser de chacun et la courtoisie. Je modère les commentaires pour éviter le spam et d'autres entrées malheureuses possibles. Cela peut prendre un certain temps avant que votre commentaire n'apparaisse, surtout si je suis en déplacement.