November 23rd, 2009Are U.K. Banks going to suffer from a total loss?
Taking into consideration the data that is compiled by the Bank for International Settlements, it has been said by RBS’s chief euro-zone economist Jaques Callioux that by far U.K. banks have the largest exposure to the U.A.E. at $49.5 billion.
Market sentiments on Dubai Debt Worries
It has been said by the Credit Sights that the direct impact that is expected in terms of potential impairment charges seems to be manageable but the thing that has become a huge problem is probably the market sentiment and renewed fear over the Middle East woes that have spread like a fire in the global trading market.
Email Print More…
Similar Posts:
- Wall Street lower as crude oil jumps
- Market falls amid European bank worries
- IMF countries try to bridge economic policy rift
- Citigroup would repay $20 Billion Government Bailout
- Debt Consolidation in Maryland
