Not Out of the Woods Yet Experts Warn that Banking Euphoria Is Premature

Good news from six US banks has raised hopes that an end to the financial crisis might be in sight. But German experts think the euphoria is wishful thinking. As they see it, things are going to get worse soon -- and banks will be forced to make billions more in write-downs.
Share traders in New York: Hopes of an upturn may be premature, analysts warn.

Share traders in New York: Hopes of an upturn may be premature, analysts warn.

Foto: REUTERS
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