Forums - Greek default vs. Greek owned banks abroad?

HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US

Your Account • Become a Member • Help • Search

	Forums ›› Main ›› Economics ›› Greek default vs. Greek owned banks abroad?

moderntimes

Registered: Nov 2011
Posts: 1

11-07-11 11:47 PM

What is the most probable scenario in case of Greek official default on Greek owned banks in foreign countries (especially the ones neighbouring Greece), although these banks function as separate subjects, have high capitalization percentage and are not directly exposed to Greek debt?

What would be the significance of the nationalization of their "Greek mother" banks in terms of their prospects?

Any opinions on the matter are welcomed.

Edit/Delete • Quote • Complain

Martinghoul

Registered: Jan 2009
Posts: 5641

11-08-11 02:03 PM

Depends on the specific nature of the legal relationship between the parent and the subsidiary.

Edit/Delete • Quote • Complain

Debaser82

Registered: Aug 2008
Posts: 3477

11-08-11 02:06 PM

Quote from Martinghoul:

Depends on the specific nature of the legal relationship between the parent and the subsidiary.

Martin, did you know Deutsche just made their Belgian branch an integral part of their German mother company.

They now advertise with 100% savings guarantee by the German state and I take it some of those billions will get slushed elsewhere to cover some holes right....

Edit/Delete • Quote • Complain

Receive an email whenever a new post is added to this thread by subscribing to it.

Rate This Thread:

Forum Jump:

Conduct Rules - Privacy Policy - Day Trader - Day Trader Forum - Best Trading Software - Sitemap

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures Futures Brokerage & Clearing AMP Global Clearing Futures and FX Trading Bright Trading Professional Equities Trading CTS Futures Trading Software DaytradingBias.com Professional Trading Analytics ECHOtrade Professional Trading Firm	eSignal Trading Software Provider FXCM Forex Trading Services Global Futures Futures, Options & FX Trading Interactive Brokers Pro Gateway to World Markets JC Trading Group Direct Access Trading MB Trading Direct Access Trading	MultiCharts Trading Software Provider NinjaTrader Trading Software Provider OANDA Currency Trading optionshouse Option Trading & Education Questrade Canada's #1 Online Broker Rithmic Futures Trade Execution Platform	SpeedTrader Direct Access Trading SpreadProfessor Spread Trading Instruction thinkorswim by TD Ameritrade Direct Access Trading TradersStudio System Building & Backtesting Trading Technologies Trading Software Provider Trend Following Trading Systems Provider