This Is an Opportunity for the Banks to Fix Themselves: Expert

Robert Marquardt, founder and co-head, Signet Group, told CNBC, "I think the first one was used for a little bit of re-financing, this is definitely a massive QE and I really do hope it is a very big number because these banks are borrow at one percent and lend it out at five percent, it only takes a couple years of doing that to re-capitalise your balance sheet."
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Wed, Feb 29 20124:00 AM EST