Irish Examiner – ECB To Examine Euro Bank Capital Shortfalls In €3.72Tn Asset Review – 12 March 2014
The European Central Bank says it will look for capital shortfalls in euro-area banks by examining more than €3.72tn in assets in on-site checks.
By Jeff Black, Bloomberg
Quote: Releasing a 285-page manual for staff undertaking the asset quality review, the Frankfurt-based ECB said any adjustments to lenders’ capital ratios identified as necessary by the unprecedented balance-sheet probe will be determined during July.
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