Home Page : Archive News : April 2012 News : IMF Sees Banks Deleveraging by $2.6 Trillion

IMF Sees Banks Deleveraging by $2.6 Trillion

April 19, 2012

A drastic contraction of European bank balance sheets during the next 18 months could jeopardise financial stability and economic growth in Europe and beyond, according to forecasts from the International Monetary Fund. The FT reports.

Source: http://www.cnbc.com/id/47096097?__source=RSS*tag*&par=RSS
 
Related Updates