The Brexit could leave European banks with a hole of over 100 billion euros

If Britain decides to leave the European Union, part of the credit market could go along with it, and European banks might see in a position to replace securities 108 billion, Bloomberg.
Creditors from the EU who bought bonds backed by mortgages in the UK, bank loans, and debts on credit cards, you could see trapped unwillingly in battle “The Brexit” because money that should receive them might suddenly no longer a priority.

While a scandal with the EU would take years to materialize, lawyers and analysts start talking about risk holdings and asset-backed securities, a market that already has
It was hit hard by the financial crisis.

READ  If you owned, you'd get paid $6,006.13

There are no comments yet

× You need to log in to enter the discussion