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If that process feeds on itself, a bank's stock price can go into a tailspin, which can lessen the general appetite for bank shares and damage the wider capital plan.
And second, on the VC side, it looks like big data may be one of the islands is not getting submerged in what looks like a wider capital crunch in startup world.
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"Bunker is not just another wide-eyed, capital slurping startup in the contingent workforce and services space," wrote Andrew Karpie, an influential analyst and blogger at Spend Matters who studies services and labor procurement.
The sale is part of a wider capital-raising drive among European financial firms struggling to address fallout from the Continent's sovereign debt crisis.
Unless specifically modified, these procedures remain in effect during Institute-wide capital campaigns or other major funding efforts.
That may change, though, as euro-wide capital markets develop.Changing habitsStructural change is likely to pose a bigger challenge than cyclical divergences.
As continental Europe develops pension funds and the euro fosters a Europe-wide capital market, the "Rhineland" model is likely to disintegrate.
That should force European companies to restructure faster, further boosting economies.The single currency will also give a boost to the development of a liquid euro-wide capital market, lowering the cost of capital and improving its allocation.
The university wide capital campaign that started the year that Vice President Phlegar and I began in '06 is in total now $5.8 billion, one of the largest fundraising achievements in the history of higher education.
The single European currency is also increasing competitive pressures right across the continent.Yet too many barriers to the operation of a Europe-wide capital market, and so to the consolidation of a powerful European equity culture, remain.
But analysts at Berenberg bank said the Bank might act: "The strength of recent communications [from the Bank] suggests to us that sector-wide capital actions may be imminent, most likely alongside the stress test results on 1 December".
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