7 of 91 Euro zone banks failed the stress test
7 of 91 Euro zone banks failed the stress test. As we expected, two of the Spanish banks didn’t make the grade along with one German institution, a couple of Greek banks, and an Irish bank.
7 of 91 Euro zone banks failed the stress test. As we expected, two of the Spanish banks didn’t make the grade along with one German institution, a couple of Greek banks, and an Irish bank.
Today’s “big deal” will be the results of European bank stress tests, due out at 11:00 am cst. Street talk has it that the tests will show a couple of Spanish banks failed portions of the test. Others are rumored to have done ok.