February 23, 2012

Banks Cut Loans to France and Italy, Pile Into Bunds, Treasuries, BIS Says

International banks cut their loans to fellow lenders and governments in Italy, France and Spain in the third quarter, hoarding German, Japanese and U.S. bonds instead, data from the Bank for International Settlements show.

Visit link:
Banks Cut Loans to France and Italy, Pile Into Bunds, Treasuries, BIS Says