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Bank stability


Cest la vie
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Hi,

Just a quick question on the banks of france, and their possible implosion.....

Given that europe is finally starting to look slightly unhealthy, can anyone either tell me or point me towards a website that explains what happens when a bank goes bankrupt?

Might sound paranoid, but Im in the process of selling a house, so will soon have a fair amount of cash floating about.....

Cheers all

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  • 2 weeks later...
Tricky one, banks guarentees in France are higher than the UK, i think its €100k that you are guarenteed to be secure per bank, its worth checking ot out though, you could spread it around a couple of banks. Let me know what you find out though
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