Property Worries Cloud European Banks' Prospects

Turbulences in real-estate markets on both sides of the Atlantic have raised concerns about contagion risks for Europe’s financial sector. Analysts, however, believe that European banks are better insulated from the downturn compared to their American peers.

Turbulences in the real-estate markets in the US and Europe have sparked fears of contagion risks for Europe’s financial sector. However, analysts suggest that European banks are more resilient to the downturn compared to their American counterparts.