The Eurozone Crisis: Risk Planning for Asset Managers


In recent months, the eurozone crisis has been continually in the news, including speculation as to whether one or more EU states may leave the eurozone.

In extreme form the crisis could result in some or all of the following “euro events” in respect of one or more of the weaker eurozone members (a potentially “exiting state”):

- a dramatic loss of confidence in the ability of the exiting state to maintain its financial creditability;

- transfer of funds away from financial institutions in the exiting state by domestic as well as foreign depositors

- fund transfers accelerate into a run on the banks...

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Dechert LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.