Eurozone banking sector 'a slow-motion train wreck', says economist

larry-brainard

European banks are the biggest global risk and the continent's leaders are failing to address the problem, according to Larry Brainard, London-based chief economist at political risk consultancy Trusted Sources.

Brainard, formerly the chief economist for the emerging markets at Chase Manhattan, told Credit the problems of the European banking sector were not being fully admitted either by the institutions themselves or by Europe's political leaders.

"At the moment you have a lot of brave talk on

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: