EU officials request banking regulators to update this summer's stress tests - this time...


EU officials request banking regulators to update this summer's stress tests - this time assuming a large writedown of Greek debt. Sources say the EBA is being instructed to provide a country-by-country breakdown of how much new capital would be necessary when the haircut comes.

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Comments (3)
  • WMARKW
    , contributor
    Comments (10787) | Send Message
     
    Wow....this should be exciting to watch.

     

    How much new capital would be necessary.

     

    (Shhhhhhh, that's a code phrase for how much bail out money you'll need from the Central Bankers of the world. If you think any bank would actually go out into the market and raise equity capital.....you are dreaming)
    5 Oct 2011, 05:47 PM Reply Like
  • Bouchart
    , contributor
    Comments (1103) | Send Message
     
    Meet the new stress tests. Same as the old stress tests.
    5 Oct 2011, 07:47 PM Reply Like
  • marketman54
    , contributor
    Comments (822) | Send Message
     
    Betcha $100 that they don't get the stress test back before Greece goes bust!

     

    Heard this morning on CNBC that they need $300 billion euro and then everyone has to take an 80% haircut. OUCH
    5 Oct 2011, 10:40 PM Reply Like
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