and investment banks invest in entrepreneurs and to get
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and are merely non-binding indications of interest by banks to roll over debt at some point in
creating the potential for a vicious circle if something goes wrong. Italian banks are better-
Italian banks successfully recap and earnings improve.
includes warrant proceeds of $10B from banks. 2) Total principal + accrued interest on AIG preferred stock purchased by U.S. Treasury prior
Central Banks have provided the veneer of normalcy which has allowed the private sector to
Spanish banks have more domestic commercial real estate loans
and possibly lower the costs to banks and end-
and even the ones that didn’t are expected to reach required capital levels in short order. US banks have sharply reduced
banks and insurance stocks (Exhibit 4). Resurgence in the “Japan macro trade”
with the deposit banks operating as omnibus funds
do fears over Renzi losing & Le Pen winning climb over the big momentum behind banks etc.
the estate tax and tax reform; several cases: Banks (contingent 2005-01
that view is on track. Spain in particular is in difficult shape (see page 5); its banks and government
for recapitalization of banks. All things considered