[2016-06-12] Zerohedge.com | It Begins: One European Bank Fails, Another One

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It Begins: One European Bank Fails, Another One Needs An Urgent Cash Injection!

Interesting news this week as Belgium-based Optima Bank has been shut down by both the National Bank of Belgium (which also acts as the Belgian regulating body) as well as the ECB. According to the national supervisor, the bank  would have been unable to meet its commitments to its clients and was forced to cease all banking activities after some potentially fraudulent transaction were unveiled....

http://www.zerohedge.com/news/2016-06-12/it-begins-one-european-bank-fails-another-one-needs-urgent-cash-injection