As Greece flirts with default, the focus in the U.S. is shifting to the capital strength of domestic banks with plenty to lose.
DealBook's Peter Eavis reports that five of the biggest U.S. banks, including JPMorgan Chase and Goldman Sachs, have more than $80 billion exposure to the riskiest European sovereigns — Greece, Ireland, Italy, Portugal and Spain. And the credit default swaps the banks bought to protect themselves against a credit event may never pay out.
To read the full, original article click on this link: A Look At The Capital Strength Of The 20 Largest Banks In America
