EBA to Release Bank Capital Shortfall Report

The European Banking Authority will publish report of how much capital lenders should raise to absorb losses from euro-area bonds.    The results of the stress are scheduled to be released today at 6 p.m. central European time.   The publication will coincide with the start of a European Union summit in Brussels that will address the region’s sovereign-debt problems. Some of the German and Italian banks criticize the test methods and … [Read more...]