Germany's Allianz: authorities 'well equipped' for liquidity crisis

Kitco Media
By Reuters
Published:
Updated:
Reuters
FRANKFURT, March 16 (Reuters) - Germany's Allianz said that authorities were "well equipped" to deal with any liquidity crisis, a spokesperson for Germany's biggest financial firm said. The spokesperson, in response to emailed questions, said the company wouldn't comment on the banking sector "but note that regulators, central banks and governments are well equipped to deal with any liquidity crisis – unlike what happened during" the global financial crisis of 2007 and 2008.
(Reporting by Tom Sims Editing by Paul Carrel)

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