We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

The big freeze

21 June 2010 By Neil Unmack

Faced with falling deposits and frozen wholesale markets, the banks are stepping up business at the ECB. There is still room to borrow more, but the situation isn’t sustainable. Spain is already forcing weaker banks to merge. The government needs to do more to restore confidence.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)