Recently Released Market Study: France Commercial Banking Report Q2 2012
Banking Sector Stability Assured, Headwinds Remain BMI View: While French banks' exposure to peripheral eurozone sovereign debt will remain a major headwind to growth over the medium term, we note that the breakthrough in negotiations between European policymakers in stabilizing the eurozone's sovereign debt crisis has bolstered overall stability in the banking sector. This has been evident in the massive uptick in banks' share prices witnessed in trading on October 27 2011 (see chart below). Highlights of the emergency summit...
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