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October 08, 2001 at 08:00 PM
NU News Service, Oct. 8, 3:45 p.m. Fifteen international financial systems are either already experiencing stress or showing increased potential for future trouble, according to a new study by Standard & Poor’s, New York. The 15 troubled systems, out of 68 banking systems followed by S&P, consist of Argentina, China, Cyprus, Egypt, Germany, Iceland, Ireland, Japan, Lebanon, the Netherlands, Portugal, Taiwan, Thailand, Turkey and the U.S.
S&P will hold a conference call to discuss the report, “Global Financial System Stress 2001,” on Wednesday, Oct. 10 at 11:00 a.m.
