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Europe Daily Bulletin No. 11005

28 January 2014
ECONOMY - FINANCE - BUSINESS / (ae) banking
EU awaiting results of its own capital requirements tests

Brussels, 27/01/2014 (Agence Europe) - The Organisation for Economic Cooperation and Development (OECD) says that European banks have a capital shortfall of €84 billion.

The European Commission and the European Central Bank (ECB) refused to comment on Monday 27 January, noting that the assessment of bank asset quality by the ECB and the stress tests by the European Banking Authority (EBA) will soon be carried out on the 130 or so big banks in the eurozone that will be directly supervised...

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