U.S. Banks Have $5.4 Billion in Exposure in Egypt

U.S. Banks Have $5.4 Billion in Exposure in Egypt - Dispatch - WSJ: "As protests continue unabated in Egypt, one analyst sharpens his pencil to figure how much U.S. financial institutions might be hurt by the growing unrest.

“According to IMF data, there is approximately $49 billion in loans outstanding to the Egypt sovereign. Of that amount, $5.4 billion – or roughly 11% — is to U.S. banks, which compares to $17.6 billion or 36% to French banks, $10.6 billion or 22% to UK banks, and $6.3 billion or 13% to Italian banks,” Keefe Bruyette & Woods said in a research report."