Articles About Espiga
- Author:
- James I. Clark III
- Posted:
- 08.11.2010
European Bank Stress Tests Demonstrate Systemic Weakness
There’s good news and bad news about the health of European banks. Of the 91 financial institutions that recently underwent stress tests, only seven outright failed. Those seven who did not perform well were ordered to raise their capital by €3.5 billion (approximately $4.5 billion). The number of failures were far less than what was […]