French Gosbank: tsunami risk!
The four French Gosbanks have €5.645 trillion of liabilities. That is 2.8 times French GDP (€1.986 trillion). Table 1: Amounts in billion of euros. Their…
BNP Paribas leveraged: 27!
The real leverage of BNP Paribas is … 27.2! Indeed, the French bank counts in its equity item 2: Undated Super Subordinated Notes eligible as…
Société Générale leveraged: 50!
The real leverage of Société Générale is… 50! Document 1: Indeed, the French bank counts in its equity item 2: Equity instruments and associated reserves…
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