econoTwist's

European Banks: "Leman Times Ten"

In Financial Markets, International Econnomic Politics, National Economic Politics, Views, commentaries and opinions on 25.05.10 at 17:20

Head of market analysis at Schneider Foreign Exchange, Steven Gallo, says in a interview with Bloomberg Television that European bank woes may be “Lehman Times Ten.”

Gallo, speaking in London, talks with Bloomberg’s Andrea Catherwood about the risk of weaknesses in the Spanish banking system spreading globally, and also discusses the outlook for the euro and gold.

Check it out:

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