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The French banks' scheme to help Greece is all politics, according to Thanos Vamvakidis, head of European G10 FX strategy at BofA Merrill Lynch Global Research. "It’s just to persuade that the private sector is participating in this deal." A scheme that would keep private banks exposed to sovereign risk would be counterproductive, Vamvakidis told CNBC.
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Video Length: 346
Date Found: July 04, 2011
Date Produced:
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 CNBC |
July 19, 2011
CNBC’s Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
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 CNBC |
July 19, 2011
The CNBC’s news team reports on today's market moving activity.
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 CNBC |
July 19, 2011
What happened at the NOTW and the events leading up to the 2007 affairs and prosecution, were bad," Says James Murdoch. "There are things that should not have had any place in our organization."
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 CNBC |
July 18, 2011
Manpreet Gill, Asia Strategist at Barclays Wealth says risk averse pushes gold prices to new highs, but from a fundamental perspective, it is not a good trade to jump on gold for the long term.
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 CNBC |
July 18, 2011
CNBC’s Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
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