After two weeks, a huge variety of Spain's banks are positive, but lenders need to take into account the risks to the other jurisdiction, said a city governor on Monday.
"Diversification is therefore good, but in terms of risk diversification, you have to be careful about the jurisdiction where you operate", said De Cos during a financial event.
Despite De Cos saying he was general speaking, the comments came after BBVA (BBVA.MC) arranged on Monday for all of a measure of its effectiveness for the rest of Garanti for two hundred pound euros ($2.6 billion), in taking advantage of the slide in the lira. read more, click more, as well as more about other items that, after a third-party exchange, are canceled.
: The Standard The The Standard.
