Greek banks steer spooked clients to put cash in funds


  • World
  • Saturday, 20 Jun 2015

LONDON/ATHENS (Reuters) - As Greeks, fearful their country is heading for a default, withdraw billions of euros from banks, those lenders are fighting to limit the fallout by steering clients towards investment funds.

Athens, in a war of words with international creditors over its debt repayment plan, looks unlikely to meet obligations due at the end of June, leading to growing concern it may default and then leave the euro zone.

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