EU banks hit with harsher stress tests

clock

Europe's biggest banks must fully disclose their exposure to sovereign debts, as part of a new round of stricter stress tests.

However, banks will not have to consider the impact of a formal default by a European government, the BBC reports, despite this being a key criticism of previous tests that failed to anticipate the collapse...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets