Seven European banks failed tests to prove they could weather a mild recession or bout of severe market turbulence and as a result need to raise more capital, the Committee of European Banking Supervisors [CEBS], said on Friday. Five Spanish banks, one German bank and one Greek bank didn’t meet the requirements of the tests, CEBS said – iMarketNews
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!