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The issue now is credit crunch in China: Societe Generale

The French market regulator has announced that more than 15 banks in the country will need recapitalization. Todd Martin of Societe Generale joins CNBC-TV18 to give his take on the near-bankruptcy situation in Europe. He says that the issue in Asian context is the credit crunch in China.

September 23, 2011 / 19:19 IST
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The French market regulator has announced that more than 15 banks in the country will need recapitalization. Todd Martin of Societe Generale joins CNBC-TV18 to give his take on the near-bankruptcy situation in Europe.


He says that in Europe in particular, the issue has indeed been liquidity.
TAGS: #European banks #FII View #French market regulator #People`s Bank of China #recapitalization
first published: Sep 23, 2011 03:25 pm

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