Investors put pressure on Euro-zone officials

Source: Dukascopy
© Scanpix/AFP
Investors are putting increased pressure on European officials pushing them to design a rescue plan for region's struggling banks before November G20 summit. Simon Maughan, head of sales and distribution at MF Global Ltd. in London, claims that a decision on general capitalization, and  occasionally - over-capitalization of banks is likely the only chance left for European leaders. According to IMF, banks may need up to EUR 200B of capital in near term.

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