Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1
- Creatore Discussione Imark
- Data di Inizio
- Stato
tommy271
Forumer storico
Deutsche Bank CEO: No Solution on Greece Yet - Reuters
By Ulrike Dauer
Of DOW JONES NEWSWIRES
FRANKFURT (Dow Jones)--Banks are working with European governments to consider the accounting impact of a Greek debt restructuring but a solution has yet to be found for Greece, Deutsche Bank AG (DB) Chief Executive Josef Ackermann told a conference organized by Reuters Monday.
According to Reuters, Ackermann also warned that if contagion spreads the crisis could be bigger than the one caused by Lehman's collapse a few years ago.
Banks are prepared to play a constructive role in finding a solution for Greece but it remains uncertain if a good plan can be found that will suit everybody, Ackermann said. He said that imbalances had built up in Greece over 20 years and can't be fixed in a matter of months.
He noted that French banks have presented a plan but that others are also being considered, Reuters reported.
Ackermann's comments coincide with a Rome meeting of a group of bankers from around the world to discuss the Greek debt crisis with Charles Dallara, managing director of the Institute of International Finance, and Vittorio Grilli, the chairman of the euro zone's Economic and Finance Committee, people familiar with the situation said.
Earlier Monday, the German government held a conference call with German banks to discuss their possible involvement in a rescue package for Greece that includes the private-sector. German banks and insurers had to report their Greek exposure to the German government by Sunday.
Greece's budget deficit needs to stabilize prior to considering any other options, Ackermann said according to Reuters. A solution involving private sector banks should consider them taking equity stakes as part of a bail-in solution, Ackermann said.
He said that looking at Greek sovereign risk is too narrow and that implications from credit default swaps used to hedge exposure should also be considered. He criticized the lack of transparency, saying it isn't known whether the CDS risk for Greece of around EUR5 billion is evenly distributed.
Ackermann also warned that the cumulative impact of new capital requirements for banks will create a burden for the entire sector, adding that he would support the creation of a European ratings agency.
By Ulrike Dauer
Of DOW JONES NEWSWIRES
FRANKFURT (Dow Jones)--Banks are working with European governments to consider the accounting impact of a Greek debt restructuring but a solution has yet to be found for Greece, Deutsche Bank AG (DB) Chief Executive Josef Ackermann told a conference organized by Reuters Monday.
According to Reuters, Ackermann also warned that if contagion spreads the crisis could be bigger than the one caused by Lehman's collapse a few years ago.
Banks are prepared to play a constructive role in finding a solution for Greece but it remains uncertain if a good plan can be found that will suit everybody, Ackermann said. He said that imbalances had built up in Greece over 20 years and can't be fixed in a matter of months.
He noted that French banks have presented a plan but that others are also being considered, Reuters reported.
Ackermann's comments coincide with a Rome meeting of a group of bankers from around the world to discuss the Greek debt crisis with Charles Dallara, managing director of the Institute of International Finance, and Vittorio Grilli, the chairman of the euro zone's Economic and Finance Committee, people familiar with the situation said.
Earlier Monday, the German government held a conference call with German banks to discuss their possible involvement in a rescue package for Greece that includes the private-sector. German banks and insurers had to report their Greek exposure to the German government by Sunday.
Greece's budget deficit needs to stabilize prior to considering any other options, Ackermann said according to Reuters. A solution involving private sector banks should consider them taking equity stakes as part of a bail-in solution, Ackermann said.
He said that looking at Greek sovereign risk is too narrow and that implications from credit default swaps used to hedge exposure should also be considered. He criticized the lack of transparency, saying it isn't known whether the CDS risk for Greece of around EUR5 billion is evenly distributed.
Ackermann also warned that the cumulative impact of new capital requirements for banks will create a burden for the entire sector, adding that he would support the creation of a European ratings agency.
Topgun1976
Guest
Se va bene tutto questo avviene in 2 mesi...e chissà quanto teatro dobbiamo ancora vedere..
Io mi concentrerei sul voto e lo sblocco dei 12 mld
tommy271
Forumer storico
Non potranno che riguadagnare posizioni.
Il rollaggio, secondo il piano francese o quello tedesco, darebbe alla Grecia un pò di tempo per riprendere fiato.
E' chiaro però che se le agenzie di rating valuteranno questi passi come un "default" del debito, le quotazioni potrebbero rimanere ancorate ai valori attuali per altro tempo nonostante il "piano di salvataggio".
Nobody's
Γένοιο οἷος εἷ
Nerone975
Nuovo forumer
innocentiproject
Forumer attivo
Volumi d'altri tempi per il 2019
Hai l' occhio troppo lungo
qualcuno ha un ticker degli scambi??
mi pare che alle 15 fossimo sotto i 200k
- Stato
Similar threads
