Will Sovereign Funds Save European Banks?
European banking giants are being savaged in the markets in both bond and equity markets. In fact, Deutsche Bank’s share price is near a record low, closing at US$ 16.88 per share. Other banks facing falling share prices were UniCredit, Credit Suisse, BNP Paribas and Barclays. Deutsche Bank is led by John Cryan, a former UBS and Temasek Holdings executive. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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