x Abu Dhabi, UAESunday 23 July 2017

Are you worried more regional banks could follow the lead of Kuwait's Gulf Bank?

The financial crisis has claimed its first victim, Kuwait's Gulf Bank, due to forfeitures on currency derivatives contracts - betting the euro would rise against the dollar.

The financial crisis has claimed its first victim, Kuwait's Gulf Bank, due to forfeitures on currency derivatives contracts - betting the euro would rise against the dollar. Are you worried more regional banks could follow their lead? If so what could be the consequences?