Type to search

Why Banks Delay And Pray

Economy

Why Banks Delay And Pray

Share

Jonathan Weil explains why zombie banks are so hesitant to write off worthless assets in his column, “Financial Frankness Is A Bad Dream For A Bank:”

There’s a simple explanation for why the world’s zombie banks remain so reluctant to write off worthless assets and tap the equity markets for fresh capital. They don’t want to end up like UniCredit SpA.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.