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Earlier it was the European sovereign debt crisis.
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As a result, Dombret singled out the European sovereign debt crisis as the main risk to financial stability.
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Like its Wall Street rivals, Morgan Stanley's top-line performance showed the impact of the European sovereign debt crisis.
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The European sovereign debt crisis has had an impact on the global economy as well as the local currency.
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The European sovereign debt crisis and financial regulation to prevent another global banking crisis and recession are the big themes.
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The end of summer holidays and a lessening worry that the European sovereign debt crisis will spread could also help.
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The first is for the European sovereign debt crisis to ramp up again, causing a flight to the safety of gold.
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Few would have been surprised had it been undermined by the unresolved European sovereign debt crisis and growing US economic fears.
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Both companies say the funds' ability to survive investor withdrawals last summer during the European sovereign debt crisis shows their new resilience.
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The global repercussions of the European sovereign debt crisis remain unclear, but Canadian banks say they have minimal exposure to the sector.
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Those are blamed for fostering a bubble in the U.S. housing market in 2008, and contributing to the recent European sovereign debt crisis.
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The global economy faces its biggest test of confidence since the European sovereign debt crisis as investors fear it's running out of engines.
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Instead, the economy has stagnated, and global markets have whipsawed as the European sovereign debt crisis worsened through the second half of the year.
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The European sovereign debt crisis is an overhang and Asians are hoping for some resolution from the summit between the German and French leaders today.
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The European sovereign debt crisis and soaring deficits of U.S. municipal borrowers topped investor concerns, with the former being the larger threat, the survey found.
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The ECB has pumped almost $1 trillion euros into the European banking system as it seeks to quell the European sovereign debt crisis.