Could 15% Of European Banks Actually Fail The Stress Tests?

germany football

Interesting risk to watch out for.

Der Spiegel:

The planned stress tests of European banks could be tougher than first thought. According to a German media report, up to 15 per cent of the European banks to be examined may fail — even though the criteria for the tests have been watered down.  The pan-European stress tests for banks won’t be as easy to pass as previously thought, and 10 to 15 per cent of banks assessed may fail them, German business daily Handelsblatt reported on Monday, citing an unnamed management board member of a large German bank.

Supposedly one or two could be German.

Read the whole thing >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

europe moneygame-us