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View Full Version : Agricole May Face $12 Billion Loss on Greek Exit, Analyst Says - Bloomberg



NewsWhore
05-18-2012, 08:10 AM
Agricole May Face $12 Billion Loss on Greek Exit, Analyst Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE7GDHgNA0QdcnDmaHu4Utbm_t3vQ&url=http://www.bloomberg.com/news/2012-05-18/agricole-may-face-12-billion-loss-on-greek-exit-analyst-says.html)
Bloomberg
A departure from the currency would force the French bank to provide more funding to its Greek unit, take losses on loans in the country, and log currency losses as the replacement currency declines in value, Maxence Le Gouvello, an analyst at Credit ...

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