Hedge funds, including Hayman Advisers and Matrix Group, have told investors that they expect the sovereign debt crisis to worsen despite the €110bn (£79bn) bail-out by the International Monetary Fund, the European Union and the European Central Bank.
Anxiety about the financial health of Europe increased yesterday after Spain’s national bank was forced to take control… »
FEARS of further turbulence in the financial markets mounted yesterday as Spain was forced to bail out one of its biggest regional banks, adding to worries about the eurozone.
Spain’s central bank took operational control of Cajasur, one of 44 large regional lenders that account for about half the Spanish banking market. It will need an… »
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