Wed, 12 Oct 2011 08:06:25 GMT
Investors put pressure on Euro-zone officials
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