ABU DHABI/WAM The UAE’s Zayed Sustainability Prize, a pioneering global award that has transformed the ...
Read More »Opaque assets at Europe Investment Banks fuel capital doubts
Bloomberg Eight years after the financial crisis, Europe’s biggest investment banks are holding illiquid assets amounting to more than half their combined shareholders’ equity, underlining concerns about capital. Deutsche Bank AG, Credit Suisse Group AG and Barclays Plc say their hardest-to-value securities — known as Level 3 assets — were worth $102.5 billion at the end of June. These ...
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