> What would you estimate is the total value of customer deposits that banks have loss in failure over the last say 30yrs?
Well of course if we consider only those where loss actually happened and not those where the losses have been mutualized by bail-outs, it may not be gigantic. But, I don't know, in Cyprus hair cuts made $8 bn of customers deposits vanish.
That's just one I know from the top of my head without needing to google.
Well of course if we consider only those where loss actually happened and not those where the losses have been mutualized by bail-outs, it may not be gigantic. But, I don't know, in Cyprus hair cuts made $8 bn of customers deposits vanish.
That's just one I know from the top of my head without needing to google.