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Close Topic OptionsEU hits banks with credit default swap probe (Reuters)
Eu Hits Banks Credit Default Swap Probe - Politics, Business, Civil, History - Posted: 1st May, 2011 - 1:30am
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European Business News
Post Date: 1st May, 2011 - 1:30am / Post ID: #
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EU hits banks with credit default swap probe (Reuters)
EU hits banks with credit default swap probe
(Reuters)
Reuters - The $28 trillion credit default swaps market came under investigation on Friday by the European Union, adding to official pressures bearing down on a huge and opaque business that is widely blamed for aggravating the recent banking and euro zone debt crises.
Source: Yahoo! News: Business - European Economy
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TOPIC: EU hits banks with credit default swap probe
(Reuters)