7 European Banks Fail Stress Tests (Video)
Category Finance, Video | Friday, July 23rd, 2010
The Committee of European Banking Supervisors, or CEBS, a group of European Union regulators which advises the European Commission on regulatory issues, has released results of the stress tests on 91 banks representing 65% of the region’s banking assets. The CEBS says seven of the 91 banks reviewed “failed” the E.U. stress tests.