25 Banks Fail European Central Bank’s ‘Stress Test’

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Roughly one in five of the euro zone’s top lenders failed landmark health checks at the end of last year but most have since repaired their finances, the European Central Bank said on Sunday. Painting a brighter picture than had been expected, the ECB found the biggest problems in Italy, Cyprus and Greece but concluded that…

25 Banks Fail European Central Bank’s ‘Stress Test’

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