Ex-IMF's Rato Says Spain Not Testing the Market
Dec. 10 (Bloomberg) -- Rodrigo Rato, a former International Monetary Fund managing director, talks about Spanish growth and the possibility of a bailout request. He spoke Dec. 7 with Bloomberg Television's Marta Marino in London. (Source: Bloomberg)
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Could the Euro Benefit from Pressurized Banks?
34:22 - Pressure on Deutsche Bank AG has increased since the lender revealed two weeks ago the U.S. Justice Department is asking for $14 billion to settle a probe tied to residential mortgage-backed securities the bank traded before the 2008 financial crisis. Amid concerns about the bank’s finances, about 10 hedge funds that use its prime brokerage service moved part of their listed derivatives holdings to other firms this week, according to an internal bank document Bloomberg News has seen. Bank of America Merrill Lynch Head FX Strategy Athanasios Vamvakidis discusses the risks facing the banking sector with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."