Stress Test One German Bank and Six Others Across Europe Fail

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.
In Spain, five savings banks failed the stress test of 91 European banks.

In Spain, five savings banks failed the stress test of 91 European banks.

Foto: ALBERT GEA/ REUTERS
dsl -- with wires