For the 4th consecutive month, U.S. prime money-market funds increased exposure to European...

|By:, SA News Editor

For the 4th consecutive month, U.S. prime money-market funds increased exposure to European banks, which now represent 13% of holdings, reports Fitch. The French banks see action too, with Societe Generale once again making the list of top 15 largest individual exposures. There's still a ways to go as Europe made up 50% of holdings 18 months ago.