Reuters reports one Asian bank as having cut credit lines to French lenders, with 5 other banks...

|By:, SA News Editor

Reuters reports one Asian bank as having cut credit lines to French lenders, with 5 other banks contemplating the same action. "We've cut," says the head of treasury risk management for a Singapore bank. "They have to seek approval on a case-by-case basis." French shares are at session lows, -1.7%.