Relevant:
- Europe’s Banks Face Second Funding Squeeze on Sovereign Crisis
- BIS warns global lending contracting at fastest pace since 2008 Lehman crisis
- European Banks Desperate To Avoid Recognizing Losses On Their 8 Trillion US Holdings
- The Looming Collapse of European Banking
- European Bank Bailouts Could Precipitate a Government Crisis
2012-04-19 — bloomberg.com
``European banks could be forced to sell as much as $3.8 trillion in assets through 2013 and curb lending if governments fall short of their pledges to stem the sovereign debt crisis or face a shock their firewall can't contain, the International Monetary Fund said.
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