Showing posts with label PIMCO. Show all posts
Showing posts with label PIMCO. Show all posts

Wednesday, March 20, 2013

PIMCO cuts euro exposure as investors decry Cyprus bailout plan

LONDON (Reuters) - A demand that Cyprus seize money from depositors to help rescue the island's banks is a wake-up call for those who believed the euro zone crisis was solved, institutional investors and hedge funds said.