Home Page : Archive News : July 2011 News : Money Market Funds Cut Euro Bank Exposure

Money Market Funds Cut Euro Bank Exposure

July 25, 2011

US money market funds have sharply cut their exposure to banks in the euro zone over the past few weeks and reduced the availability of credit, even in stronger countries such as France, the FT reported.

Source: http://www.cnbc.com/id/43876172?__source=RSS*tag*&par=RSS
 
Related Updates