Posts Tagged ‘default view’

Crédit Agricole and SocGen downgraded

The downgrade in France’s two largest banks comes as the country’s financial sector struggles to convince the market it can manage any Greek default View full post on UK Business Stories

US leaders in last-minute debt talks

The Republican leaders in Congress signalled that they were close to reaching a deal with President Barack Obama to raise the US borrowing limit and stave off a devastating default View full post on UK Business Stories

Greek Default Would Spell ‘Havoc’ for Banks

A year after European officials bailed out Greece, investors say the region’s banks haven’t raised sufficient capital or cut loans enough to withstand the contagion that may follow a default View full post on Finance Stories