EU banks today must submit to regulators plans on filling capital gaps as tipped in the last...

|By:, SA News Editor

EU banks today must submit to regulators plans on filling capital gaps as tipped in the last round of stress tests. Commerzbank (CRZBY.PK) for example, has a plan, but it assumes no further deterioration in the economy. Other banks say targets can be met through asset sales. It will be up to regulators to approve the plans or otherwise maybe send the lenders into the arms of the state.