EU banking stress tests | The Corner .eu

Spanish economy 26th October 2014

Spanish banks pass most stringent stress tests to date with no capital shortfalls

MADRID | The Corner | The ECB did not find any capital shortfall in the Spanish banks, which all passed the highly awaited central bank’s stress tests. Results made public on Sunday reveal that 25 European lenders failed while the other 105 succeeded. Among the big fish only the Italian Monte dei Paschi, the world’s oldest, appears in the failure list. Those 25 European entities will have to face €24.6 billion capital shortfall, but considering 13 of them have already issued part ot these capital needs, they will only reach €9 billion.

Spanish economy 17th October 2013

Market Pledges for Spanish Banks Passing Stress Tests

MADRID | By Francisco López | If the efficient markets hypothesis is true, it’s almost sure that Spanish banks will pass next year stress tests. The stock market is clearly betting on the strength of the country’s banking sector, as the rise in its market capitalization by 40 billion euro in just four months shows. Also, its price rose an average of 40% in 2013 and most of them are trading above their book value.

Spanish economy 24th September 2011

Do Spanish banks need independent audit?

The International Monetary Fund is urging Spain to take a page from Ireland and use an independent auditor to evaluate its banks, saying that could boost confidence. Speaking to reporters during the annual meetings in Washington, Antonio Borges, IMF’s European department head, said this should be the right thing to do, since financial market fears of the situation in many European countries have become “excessive,” especially in regard to Italy…

Markets 19th September 2011

Santander: "EU banking stress tests will consider default scenarios with haircuts in trading and maturity portfolios"

Banco Santander analysts today chose a discouraging headline for the Ecofin event hosted last week in Eastern European territory: “Little progress in the Ecofin summit in Poland. It was not possible to release the next tranche of the loan to Greece, nor there was any progress regarding the EFSF, nor was the Finnish collateral difficulties unblocked. In fact, it seems that everything will be delayed until at least October.” The…

Markets 19th September 2011

Santander: “EU banking stress tests will consider default scenarios with haircuts in trading and maturity portfolios”

Banco Santander analysts today chose a discouraging headline for the Ecofin event hosted last week in Eastern European territory: “Little progress in the Ecofin summit in Poland. It was not possible to release the next tranche of the loan to Greece, nor there was any progress regarding the EFSF, nor was the Finnish collateral difficulties unblocked. In fact, it seems that everything will be delayed until at least October.” The…