Moneycontrol
Mar 23, 2012 08:53 AM IST | Source: CNBC-TV18

India losing FIIs to countries like Russia: BoFA-ML

The global risk has every chance to remain intact, says Gary Baker (BoFA Merril Lynch) given what the ECB, Fed and recently Bank of Japan have done for the economy.


The global risk has every chance to remain intact, says Gary Baker (BoFA Merril Lynch) given what the ECB, Fed and recently Bank of Japan have done for the economy. 


He believes that apart from the oil price playing an important part the European risk is dependent on the elections not only in Greece but mainly even in France. He also feels that there is no funding risk left for banks arguably for the next 2 years after LTRO 2 and the ECB is really committed to be the lender of last resort for the banking system across the eurozone.

He doesn

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