Deutsche would face biggest Greek mark-to-market on impairment, stress tests show
Deutsche Bank has emerged as the German bank that would take the biggest hit if an impairment was called on Greek sovereign debt. Deutsche has Eu1.51bn of exposures to Greek sovereign debt, of which Eu1.28bn is in the available for sale portion of its banking book, the European bank stress tests showed. However, the tests were based on sovereign debt exposures as of the end of 2010. Since then many banks, in particular those in Germany, are thought to have reduced their Greek holdings.
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