Seven EU banks fail stress tests

Seven of the 91 European banks that underwent stress tests have failed the healthchecks, the Committee of European Banking Supervisors (CEBS) reported on the 23 July 2010.

• Primary Source

Deutsche Welle, 23.7.10: Seven European banks fail EU stress tests http://www.dw-world.de/dw/article/0,,5827901,00.html

European Commission: MEMO/10/356: Joint press release - Publication of the results of the EU-wide stress-testing exercise http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/10/356&format=PDF&aged=0&language=EN&guiLanguage=en

CEBS: 2010 EU-Wide Stress testing exercise http://stress-test.c-ebs.org/firstresults.htm

ESO: Background information: Bankers concerned over stress test results / IMF calls for more ‘stress-test’ openness http://www.europeansources.info/record/bankers-concerned-over%e2%80%89stress-test%e2%80%89results-imf-calls-for-more-stress-test-openness/

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