Latest Europe bank stress test to determine resilience
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Berlin
EUROPEAN regulators provided details on Wednesday for the latest stress test aimed at measuring the ability of the region's lenders to survive a financial crisis or severe economic downturn.
Unlike tests in past years, the latest test will not have a minimum capital threshold that lenders will have to meet in order to pass. As a result, no bank can actually fail - or pass - the examination, according to the European Banking Authority, which regulates lenders in the European Union.
