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3/24/11

Banking Industry: Bar to be raised for EU bank stress test - by Patrick Jenkins and Brooke Masters

European banking regulators are preparing to introduce a “near fail” category into the new stress test process as part of a mechanism to force recapitalisations on weaker banks.

The European bank stress tests of a year ago saw all but seven of the 91 banks in the exercise pass a 6 per cent tier one capital threshold, a measure of financial strength

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