Pickle Real Estate

Reading Between the Head-Lines

Banks Face $5 Trillion Rollover by 2012

Banks Face $5 Trillion Rollover by 2012
2010-06-30 — nakedcapitalism.com

“This Sydney Morning Herald story (hat tip reader Gordon) highlights a Bank of England report that not only points out the magnitude of the financing needs of major banks over the next few years, a daunting $5 trillion, but also indicates that US and European bank refinancings are falling short of their rollover calendar. This suggests that we may witness a combination of balance sheet shrinkage and more covert and overt funding support.”

original article

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July 13, 2010 - Posted by | Banking, Real Estate, Stats

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