Question: Explain how this news clip illustrates a banks balancing act and how the over-pursuit of profit or underestimation of risk can lead to a bank
Explain how this news clip illustrates a bank’s “balancing act” and how the over-pursuit of profit or underestimation of risk can lead to a bank failure.
Moody’s credit rating agency says two of France’s biggest banks are holding too much risky Greek government debt. Another French bank escaped a downgrade by selling *70bn of investments in risky yacht and jets-leasing businesses.
Moody’s credit rating agency says two of France’s biggest banks are holding too much risky Greek government debt. Another French bank escaped a downgrade by selling *70bn of investments in risky yacht and jets-leasing businesses.
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