Bloomberg just reported that according to some leaked documents 25 European banks are to fail the stress test.
On Oct 22nd the Spanish news agency EFE reported that as many as 8 banks from Austria, Greece, Cyprus, Portugal and Belgium will fail the test, but these reports were quickly denied by ECB officials. The European Banking Authority(EBA) which administers the stress tests also stated that conclusions are not final yet, and still pending, all the way till the endorsement date of Sunday 2…
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