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Moodys - 26 Eu Banks Face Stress Test Struggle

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http://www.guardian.co.uk/business/2011/jul/06/26-european-banks-struggle-with-stress-tests

Almost a third of the 91 banks in Europe subjected to tests of their ability to withstand shocks to the financial system are likely to need some form of external support, says the ratings agency Moody's.

While Andrea Enria, the chairman of the European Banking Authority, last week insisted it was impossible to speculate on the number of banks that would fail the Europe-wide stress tests, Moody's has used its credit ratings to assess the outcome.

A week before the results are expected to be released by the EBA, Moody's estimated that 26 of the banks "have a heightened risk of needing extraordinary external support" to protect their capital buffers. It emphasised that the tests needed to be credible if banks were to have the ability to raise extra funds on financial markets. However, no British banks are thought to need extra capital.

Good news it's only dodgy foreign banks that needs help, our banks are too well run for that.....

Moodys trying to improve it's rating kudos by being ahead of the curve, look we predicted 26 and we got it all/nearly right?

Luckily the world is flush with cash to recapitalise the banks.

Looks like the Bernanke will be having to help bailout European banks again.

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http://www.guardian.co.uk/business/2011/jul/06/26-european-banks-struggle-with-stress-tests

Good news it's only dodgy foreign banks that needs help, our banks are too well run for that.....

Moodys trying to improve it's rating kudos by being ahead of the curve, look we predicted 26 and we got it all/nearly right?

Luckily the world is flush with cash to recapitalise the banks.

Looks like the Bernanke will be having to help bailout European banks again.

With zombie "home-owners" having their interest payments paid by the tax payer, and mortgage payments adjusted to keep "hard working families" in their homes, the losses are not showing up on the books of UK banks.

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  • 311 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%



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