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Tag Archives: Loan Loss Reserves
BNP Paribas Increases Reserves on Greece Exposure to 60%
BNP Pariabas, Europe’s largest bank in terms of total assets, took a €2.1 billion hit to earnings after increasing reserves on its Greece exposure to 60 percent, up from 21 percent last quarter. The European banks are finally getting serious, … Continue reading
Posted in Black Swan Watch, Equities, Euro, PIIGS, Policy, Politics, Sovereign Debt, Sovereign Risk
Tagged BNP Paribas, Greece, Loan Loss Reserves, Sovereign Debt
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