Archive for July 28th, 2010

Surviving stress in Europe

Wednesday, July 28th, 2010

Almost one hundred European banks underwent stress tests by the Committee of European Banking Supervisors (CEBS) recently with seven of them failing, including five Spanish banks – Diada, Espiga, Banca Civica, Unnim and Cajasur. Germany's Hypo Real Estate and Greece's ATEbank were the other two of the 91 institutions to fail ...