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NewsWhore
01-19-2012, 01:30 AM
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Banks Flush With $623 Billion ECB Cash Beating Sovereigns: Credit Markets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHTEzeciVym2unrjvnfja3RPje0Zg&url=http://www.bloomberg.com/news/2012-01-19/banks-flush-with-623-billion-ecb-cash-beating-sovereigns-credit-markets.html)
Bloomberg
“The ECB offered the banks a guaranteed source of liquidity,” said Nigel Sillis, who helps oversee about $53 billion as director of fixed income and currency research at Baring Asset Management Ltd. in London. “They&#39;ve used it in big size and that&#39;s ...

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