8 Banks in Europe Fail Stress Tests

Eight of 90 banks have flunked stress tests that project how they would fare in another recession, and 16 more barely passed, Europe’s banking regulator said today. The failing banks should “promptly” take steps to strengthen their financial cushions against losses, the European Banking Authority said as it released the…

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8 Banks in Europe Fail Stress Tests

Posted by on July 15, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.