Wednesday, December 15, 2010
Global banking funding gap over 1.5 trillion U.S. dollars, or.
<P> A European debt crisis on the financial sector to the global market concerns about heating up again. .According to Switzerland, an independent body May 25 disclosure report predicted that the end of 2011 the total funding gap of the global banking industry is likely to exceed 1.5 trillion of which will require some banks or government support. .</ P> <P> European banking risks caused wide attention. .The just-concluded trip to Beijing that the U.S. Treasury Secretary Timothy Geithner 25, went to Europe, there is news that Geithner's visit to urge Europe to follow the United States, on the banking sector to assess their risk tolerance of the "stress test." .</ P> <P> busy European banks financing </ P> <P> Swiss rating agency - an independent view of credit companies (IndependentCreditView) 25 research report released Tuesday shows that before the end of 2011, the total funding gap of global banking .may be more than 1.5 trillion U.S. dollars. .The agency partner and banking analyst at Fisher said the report is in the 58 banks on the global study concluded, the report predicts, Allied Irish Bank, the German commercial banks, Bank of Ireland and Royal Bank of Scotland .large European banks to fund the gap, the end of 2011. .</ P> <P> "If the lack of government assistance or non-debt restructuring, these banks will be difficult to raise capital." Fisher said: "The value of existing shareholders of these banks will be substantially diluted." </ .P> <P> Fisher expects Allied Irish Bank and Bank of Ireland will probably need to raise the equivalent of, respectively, of their current market value of 681% and 536% of the funds of the two banks were the current credit rating to "BB-" and ."B +", an independent company to track the credit point of view of all banks in the lowest level. .Germany's Commerzbank and Royal Bank of Scotland, the funds need to raise its market value were 611% and 359%. .</ P> <P> Europe and the United States to promote implementation of the "stress test" </ P> <P> from the subprime crisis, debt crisis to Europe, the global risk of the financial industry is the focus of attention from the U.S. to Europe. .Here, the "lesson" of the United States never forgets "to teach" experiences. .</ P> <P> 25, U.S. media quoted official sources said the White House, to visit Europe to the U.S. Treasury Secretary Timothy Geithner urged the European officials on the banking system to some form of "stress test." .Geithner that the "stress test" is part of the European general assistance program. .Prior to U.S. Treasury officials have repeatedly said the U.S. bank "stress tests" to open the door to private capital to return to the banking sector and quell the financial crisis triggered by the market turmoil. .</ P> <P> But analysts believe that any of Europe "stress test" with the U.S. regulatory authorities will be the spring of 2009 is different from similar tests carried out, because Europe is not similar to the U.S. $ 700,000,000,000 TARP .Programme (TARP) of the huge relief fund, can not be "bank funds balance" test. .</ P> <P> last October, the EU has announced the regional banks "stress test" results, and that will face a major loss though, European banks can withstand the test of a severe recession. .But the market generally believes that Europe's "stress test" in the intensity, scope and transparency are not, and the United States. .</ P>.
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