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NewsWhore
06-03-2012, 07:30 PM
Banks Cut Cross-Border Lending Most Since Lehman: BIS (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFdxmbkGzXpE96ogNxcqPeQML1CqA&url=http://www.bloomberg.com/news/2012-06-03/banks-cut-cross-border-lending-most-since-lehman-bis.html)
Bloomberg
Foreign banks also reduced their lending to European banks on concern that the region's sovereign debt crisis is spreading, prompting concerns that a credit drought might further cripple the economy of the currency union.

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