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Credit Analysis: PIGS Banks (Part 2)

|Includes:AGCPF, AGIBY, Allied Irish Banks, P.L.C. ADR (AIBYY), BBV, BBVA, CRZBY, DB, EWG, EWI, EWP, GF, IRE, IRL, SAN, SNF
credit analysis on several European/PIGS Banks and their respective sovereign (Part 2)

Disclosure: long all stocks
Stocks: AIBYY, AGIBY, AGCPF, CRZBY, DB, SNF, EWP, SAN, BBV, BBVA, EWI, IRE, IRL, GF, EWG