SPIEGEL ONLINE
- January 16, 2012
Germany's second largest bank is looking at other options to increase its capital by 5.3 billion euros in order to avoid another government bailout. This week, the bank must submit plans to increase its capital to the European Banking Authority. more...
SPIEGEL ONLINE
- December 12, 2011
A stress test performed on European banks last week found a capital shortfall of some 115 billion euros. In a SPIEGEL interview, European Banking Authority head Andrea Enria defends the decision to perform the stress test and discusses the huge challenges facing the European banking sector. more... [ Forum ]
SPIEGEL ONLINE
- December 08, 2011
The European Banking Authority has determined that banks in Europe need an additional 115 billion euros to conform with new capital ratio requirements. The sum is higher than an October estimate, largely because of capital deficits found at banks in Germany. more...
SPIEGEL ONLINE
- April 14, 2011
After the Latin American debt crisis in the 1980s, US regulators lied about the health of American banks until they were in a position to take a voluntary haircut on their bad loans. The Brady Plan holds important lessons for euro-zone governments looking for a way out of the current debt crisis. By Jacob Funk Kirkegaard more...
SPIEGEL ONLINE
- April 01, 2011
Ireland's banks performed so badly in the latest EU stress tests that the country's last remaining major independent financial institutions will likely be nationalized. The entire banking sector is set to radically shrink, but that might carry significant risks for Ireland's European partners. By Carsten Volkery more... [ Forum ]
SPIEGEL ONLINE
- July 26, 2010
The European stress tests failed to reveal much about the true state of the banks scrutinized. In order to prevent future crises, politicians in the EU are pushing for tough new financial sector regulations. But the financial lobby is extremely powerful. By Hans-Jürgen Schlamp in Brussels more...
SPIEGEL ONLINE
- July 26, 2010
The Europe-wide banking stress tests published on Friday returned the expected -- and desired -- result. But, as many economic experts see it, the test was useless because it was too simple, too easy to cheat on and tested the wrong things. more...
SPIEGEL ONLINE
- July 23, 2010
For the most part, German banks fared well in the results of a Europe-wide banking stress test published on Friday. Munich's Hypo Real Estate failed the test and two other banks -- Postbank, one of the country's largest consumer banks, and state investment bank Nord LB in Hanover -- barely made the grade. In total, seven banks across Europe failed. more...
SPIEGEL ONLINE
- July 22, 2010
On Friday, European banking authorities will release the results of the first major stress test of the Europe's banks. Doubts have been raised about the rigor of the tests and some fear it will just be a staged show of stability for the industry. SPIEGEL ONLINE analyzes what the stress tests will actually deliver. By Anne Seith more...
SPIEGEL ONLINE
- July 21, 2010
With the results of European bank stress tests to be released on Friday, some analysts fear that if too few financial institutions fail, the tests will not be be taken seriously. One report indicates that only a single German bank will fail: Munich's Hypo Real Estate. more...
