Latest Europe bank stress test to determine resilience
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.
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