European banks as vulnerable now as before crash

European banks are as vulnerable to failing today as they were in the run-up to the 2008 global economic crash and subsequent recession, new research has found. In the first study to compare sources of systemic risk in European banks, economists found banks in southern countries, including France, Spain and Italy, are highly vulnerable to failure. Banks in northern countries appear to be more resilient.

Source: ScienceDaily Headlines - May 12, 2015 Category: Science Source Type: news