Brussels, 29/04/2014 (Agence Europe) - From October 2014 onwards, European banks will have six to nine months to cover any capital shortages, depending on whether their under-capitalisation is a baseline scenario (in which case six months) or, an adverse scenario, when they will have nine months, explained the European Central Bank on Tuesday 29 April.
ECB Vice-President Vitor Constancio said that banks would have to examine private sources of capital, if necessary, following the asset...