Monthly Archives: October 2014

//October

British banks: fine, fine fine

Regulatory demands are depressing banking profitability in Britain. Having successfully passed the European Banking Authorty's stress tests on October 26th, several British banks announced their quarterly results this week. Their home country's booming economy might have been expected to have produced large profits for them. But the picture was in fact much more mixed. [...]

By |2017-07-18T14:37:39+00:00October 31st, 2014|News|Comments Off on British banks: fine, fine fine

ECB’s in-depth review shows banks need to take further action

Key results of comprehensive assessment of 130 largest euro area banks: Capital shortfall of €25 billion detected at 25 participant banks Banks’ asset values need to be adjusted by €48 billion, €37 billion of which did not generate capital shortfall Shortfall of €25 billion and asset value adjustment of €37 billion implies overall impact [...]

By |2017-07-18T14:38:02+00:00October 26th, 2014|News|Comments Off on ECB’s in-depth review shows banks need to take further action