Moneycontrol PRO

business

European banks require a haircut, says BGC's Buick

David Buick, partner at BGC tells CNBC-TV18 that a write down of debt on the books of European banks - a proverbial haircut - could help the situation.

first published: Oct 18, 2011 03:30 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347