One in three EZ banks needs to raise capital
MADRID | The Corner | The European banking industry has already increased capital for €25.7 bn this year. According to an Ernst&Young’s poll they could continue doing it after next October’s stress tests. Of those 294 European financial entities surveyed, 30% say they can not rule out a capital increase at all- mainly Spanish and Austrian-, while 8% affirm they will probably need to do it.