AOL.co.uk -Video - IMF: European Banks May Be Forced To Sell $3.8 Trillion In Assets

VIDEO:News

IMF: European Banks May Be Forced To Sell $3.8 Trillion In Assets

Description:The International Monetary Fund announced Wednesday that European banks could be forced to shrink their balance sheets by as much as $3.8 trillion through 2013 with a quarter of the deleveraging likely to come from cuts in lending and the remainder from sales of securities and noncore assets. (1:58)

Source: IBTimesTV

Tags: ibtimestv , assets , bailout , europe debt crisis