Weaker banks may lose government backing: Fitch

bank-cracking

Struggling European countries may end their support for banks they view as having no systemic importance, warned a Fitch Ratings analyst at the agency’s 2010 credit outlook conference in London on January 19.

“We’re becoming increasingly concerned that weaker governments may differentiate to a greater extent between those institutions they wish to support, and those private commercial banks they don’t believe are systemically important,” said Julia Peach, Fitch’s head of Europe, the Middle East

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: