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General discussion => Current events => Topic started by: NewsHound on October 26, 2014, 08:15 AM

Title: ECB says 13 big European banks flunk test of their finances, must find 10B euros
Post by: NewsHound on October 26, 2014, 08:15 AM
ECB says 13 big European banks flunk test of their finances, must find 10B euros

The European Central Bank says 13 of Europe's biggest banks flunked a review of their finances and must increase their capital buffers against losses by 10 billion euros ($12.5 billion).

Source: ECB says 13 big European banks flunk test of their finances, must find 10B euros (http://globalnews.ca/news/1635985/ecb-says-13-big-european-banks-flunk-test-of-their-finances-must-find-10b-euros/)