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Image header Agence Europe
Europe Daily Bulletin No. 10188
Contents Publication in full By article 11 / 25
GENERAL NEWS / (eu) eu/financial services

Six German banks criticised for not publishing data on exposure to sovereign debt

Brussels, 26/07/2010 (Agence Europe) - Six German banks - Deutsche Bank, Hypo Real Estate, the cooperative banks DZ and WGZ, Landesbank Berlin and to a lesser extent Postbank - out of 14 German establishments being subject to the bank stress tests, have not published data on their exposure to sovereign debt. Such a commitment had, nonetheless, been stipulated by the national supervisors meeting at the Committee of European Banking Supervisors (CEBS), which piloted this simulation...

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