Bank Oversight: Europe Stressed by Approaching Stress Tests

Thousands of ECB auditors have begun examining the balance sheets of 128 euro-zone banks. Stress tests are coming soon. With the European Central Bank in charge of oversight, many hope the EU's financial industry will return to health. But there are risks.

ESO: Background information: Note on the comprehensive assessment, February 2014 http://www.europeansources.info/record/note-on-the-comprehensive-assessment-february-2014/

ESO: Background information: ECB: Banking Union starts with top lenders' health checks http://www.europeansources.info/record/ecb-banking-union-starts-with-top-lenders-health-checks/

ECB: Press Release, 03.02.14: ECB makes progress with asset quality review, and confirms stress test parameters for comprehensive assessment http://www.ecb.europa.eu/press/pr/date/2014/html/pr140203.en.html

EBA: Risk analysis and data: EU-wide stress testing http://www.eba.europa.eu/risk-analysis-and-data/eu-wide-stress-testing

Blog: The Economist: Free Exchange, 31.03.14: European banking stress tests. Setting the exam http://www.economist.com/blogs/freeexchange/2014/01/european-banking-stress-tests

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