European Banks Are Caught in `Death Spiral'

European Banks Are Caught in `Death Spiral' Play

Dec. 8 (Bloomberg) -- Andy Brough, executive director of Schroder Investment Management, talks about European bank capital requirements and the credibility of the financial system. German banks need 13.1 billion euros ($17.5 billion) and Italian banks 15.4 billion euros ($20.5 billion) in core tier 1 capital, the European Banking Authority said in a document. Brough speaks with Andrea Catherwood on Bloomberg Television's "Last Word." (Source: Bloomberg)

Feed Most Popular

  • On Air Now

    Money Clip Watch Now

  • Next

    Charlie Rose

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus