Creation of a private fund to save European banks in crisis
10 July 2010
Some of the largest European banks (e.g. Unicredit, Deutsche Bank or Santander) are negotiating the possibility of creating a rescue fund for the banks in case of a future financial crisis. The accumulated capital could reach 20 billion euro.
Some of the largest European banks (e.g. Unicredit, Deutsche Bank or Santander) are negotiating the possibility of creating a rescue fund for the banks in case of a future financial crisis. The accumulated capital could reach 20 billion euro.