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Europe Daily Bulletin No. 10187

24 July 2010
GENERAL NEWS / (eu) eu/financial services
Seven European Banks fail European “stress tests”

Brussels, 23/07/2010 (Agence Europe) - On the evening of Friday 23 July, the Committee of European Banking Supervisors (CEBS) published the results of the second banking resistance test which it coordinated at European level, after the one it carried out in 2009 (EUROPE 9990). If the worst-case scenario involving a sharp economic decline combined with a deterioration on the sovereign debt market came to pass, the seven following banks - of the 91 tested - would be under-capitalised (ratio of...

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