World Business NewsA round up of the latest news for those doing business internationally
Euro banks recover from crash at last as investors show confidence
Zone(s): Europe ¦ Sector(s): Banking
[26 June 2014, CITY A.M.] By Tim Wallace: Financial markets have stopped demanding a premium to insure European banks’ debts against the risk of default, the latest indicator that the sector is recovering from the crisis. Figures published by data firm Markit yesterday showed banks’ debts were insured at the same price as any other large firm’s on the continent.