Search Results for 'EU banks'

US money funds cut lending to EU banks

The biggest US money market funds have cut their lending to European banks to another record low while increasing their holdings of US government debt to levels reminiscent of those seen during the financial crisis. The 10 largest funds t [...]

Posted On : Dec, 21 2011 | Comments : 0

EU banks could shrink to hit capital rules

Leading European banks say they would rather sell assets than raise expensive new capital to meet compulsory demands from the European Union for higher capital ratios, threatening a further contraction of credit to the enfeebled eurozone [...]

Posted On : Oct, 13 2011 | Comments : 0

EU banks face higher capital thresholds

European authorities plan to set a higher than expected capital threshold for the region’s banks and give them six to nine months to achieve that level or face government recapitalisations under the auspices of the eurozone’s [...]