Jump to content
House Price Crash Forum
Sign in to follow this  

Barclays Sees European Banks Needing Over $100 Billion In Capital After Stress Tests

Recommended Posts


Barclays analyst Jeffrey Meli has issued a report "European bank stress tests: A preview" in which he estimates that if properly executed, the Stress Test, whose results are to be announced on July 23, will require an infusion of €85 billion to replenish capital levels. Specifically, quantifying the amount of capital needed would include €36 billion for Spanish cajas, a number far greater than expected to date, €34 billion for the German landesbanks, €8.6 billion for Greek banks and €6 billion for Portuguese banks. Meli concludes: "Spreads have rallied over the past two weeks, suggesting the bar is no longer set so low that any disclosure whatsoever will cause a rally." So all those who plan on buying the news - beware.

Bargain, and all this funding is going to come from where? Is this why the BoE is warning about future lending?

Still I'm sure after the banks get this money it will all finally be fixed.

Share this post

Link to post
Share on other sites

Bearing in mind that the stress-tests were used at highly unrealistic figures (Greek debt got a trim of 17-23%?) this should be a wake up call for everyone in government, business and anyone who has debt ?

What's that... Big Brother is on....

And so it goes.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 399 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.