elf schreef op 24 oktober 2014 11:09:
Misschien nog wat beweging als blijkt dat er banken zijn die ruimschoots voldoen aan de eisen.
Overigens is 5.5% ook onder normale omstandigheden nogal minnetjes maar de indruk bestaat dat sommige banken al tegen de 10% aan zitten en dat was voorheen(en dan wordt bedoeld zo´n 50 jaar terug) de norm.
Alleen dat toezicht wordt nu nog ondoorzichtiger dan het al is.
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EU bank stress-tests could end up cheering markets
By Max Colchester and Tommy Stubbington
Published: Oct 24, 2014 4:12 a.m. ET
LONDON — European banks are likely to need about 10 billion euros ($12.6 billion) to address shortages of capital identified in a regulatory review, an amount modest enough to cheer markets, investors and analysts say.
On Thursday, European regulators planned to privately disclose to around 150 lenders the results of a “stress test” designed to measure the strength of their balance sheets and their ability to survive a deteriorating economic environment. The scorecards will be made public on Sunday in a choreographed series of announcements in London, Frankfurt and other financial capitals across the continent.
The European Central Bank and the European Banking Authority, the institutions running the exams, have touted the tests as the toughest ever conducted. But investors are betting that fewer than two dozen mostly smaller banks will flunk. They say such an outcome could boost stock prices of European banks and, in the longer term, spark a flurry of mergers among small lenders.
“A big part of the uncertainty will be removed,” said Patrick Moonen, senior equity strategist at ING Investment Management, which manages €322 billion ($407.23 billion). As a result, he said, investors will be willing to plow more money into bank shares, which will have “a positive impact on bank valuations.”