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The financial institution disaster is spreading | El País – Spain

The disaster is just not over but, says Naftemporiki:

“The relative calm that has prevailed in investor circles since yesterday doesn’t imply that the issues are over. Quite the opposite – what occurred final Friday to Deutsche Financial institution, Europe’s most systemically vital group, raises uncertainty for the subsequent few weeks not less than. What is required, subsequently, is warning on the a part of traders to anticipate attainable additional blows – but additionally to make sure that banks have ample reserves of energy to guard their fairness securities from a attainable non permanent or full devaluation. The thought being to keep away from a drift of the deposit base and thus to safeguard their ‘capital belongings’.”

This text was initially revealed by eurotopics.internet. Learn the authentic article right here.

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