Fears over liquidity and sovereign debt contagion mean the threat of nationalisation has spread to leading players in Europe's banking sector.
The OECD has urged global economies, particularly Europe, to take "credible steps" to curtail debt as it said the recovery has ground to a halt.
Jeremy Thomas is manager of the Allianz RCM UK Growth fund......
Nancy Curtin is chief investment officer of Close Asset Management......
£4bn Newton Real Return suffers short-term performance dip on misjudged currency bets.
Recent market sell-offs have prompted Henderson's Emily Adderson to buy distressed European banking stocks after sharp share price falls.
Jupiter's Guy de Blonay has called for European authorities to take further action in supporting markets or the sovereign debt crisis will spread to other eurozone economies.
With the US on the verge of pushing through a deal to raise the country's debt ceiling by at least $2.1trn, American comedian Remy Munasifi gives his own unique take on the proposal.
Global markets climbed overnight on news the US has agreed a solution to its debt crisis, which will ease fears of the country losing its AAA-credit rating.
President Barack Obama has announced a deal to end the US debt crisis, which will raise the nation's debt ceiling by at least $2.1trn and cut the federal deficit by as much as $2.5trn over a decade.