Reuters is reporting the EBA (the EU bank regulator) is performing more stress tests, this time...

|By:, SA News Editor

Reuters is reporting the EBA (the EU bank regulator) is performing more stress tests, this time requiring a core tier 1 ratio of 7%. Given conservative haircut figures, this would imply the need for EU banks to raise nearly €100B in capital. Of the major banks, RBS would need the most, €5.7B.