Just as U.S. banks are trying to aggressively cut their eurozone exposure, foreign banks are...

|By:, SA News Editor

Just as U.S. banks are trying to aggressively cut their eurozone exposure, foreign banks are doing the same for their U.S. exposure. Deutsche considers this a positive for U.S. banks, to the extent it allows them to acquire assets (I, II) at reasonable prices. Banco Santander (STD) still holds $56B in U.S. loans; Banco Bilbao (BBVA) $45B; and Deutsche Bank (DB) $32B.