Seven Eu Banks Have Failed 'Stress Tests'

Summary


Stress tests of 91 banks across Europe to gauge their ability to weather a new financial storm have revealed seven failures, regulators said yesterday.

The Committee of European Banking Supervisors (CEBS) - the London- based umbrella body for Europe's financial regulators - carried out the tests on banks representing 65 per cent of total European banking assets.

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Seven Eu Banks Have Failed 'Stress Tests'

CEBS said ...

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