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European Banking Authority will not run stress tests in 2015

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Mr Enria was satisfied with the previous stress test, but would like to include the effects of bankers' bad conduct in the next tests

Milan

THE European Banking Authority (EBA) will not run stress tests to gauge whether European banks can withstand shocks this year, it said on Tuesday, acknowledging the progress made by lenders in beefing up their finances.

"Instead of a stress test, in 2015, EBA will be running...

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