HomeNewsBusinessMarketsEuropean banks require a haircut, says BGC's Buick

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.

October 18, 2011 / 18:55 IST
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Global markets took a hit yesterday because of German officials commenting on the possibility of a resolution to the euro crisis taking longer than expected. David Buick, partner at BGC tells CNBC-TV18 that the European Union

first published: Oct 18, 2011 03:30 pm

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