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Results begin to leak out about the latest (likely irrelevant) EU bank stress tests. The EBA...

Results begin to leak out about the latest (likely irrelevant) EU bank stress tests. The EBA concludes the continent's banks need to raise €114.7B, €8B more than the October estimate. German lenders need €13.1B, Italians €15.4B. U.K banks (the collective) apparently are not in need of fresh capital.
Comments (2)
  • Lint
    , contributor
    Comments (391) | Send Message
     
    mind-boggling numbers.
    8 Dec 2011, 11:25 AM Reply Like
  • Angel Martin
    , contributor
    Comments (1342) | Send Message
     
    these "stress tests" are ridiculous:

     

    Intesa Sanpaolo and Unicredit alone have more than 1 trillion euros exposure to piigs debt, with less than 100 bil capital total for the two of them.
    http://read.bi/tvozLW
    8 Dec 2011, 11:50 AM Reply Like
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