Friday, August 05, 2016

European Bank Stress Tests 
Were An Epic Fail
Wall St For Main St updates on the European banking crisis after the European Banking Authority (EBA) did a bank stress test on Friday .. Markets were not anymore confident in European Banks like Deutsche Bank & Italian banks following the results of the EBA stress tests. The market knows these banks are severely under-capitalized & will need to do equity/capital raises &/or need bailouts .. 9 minutes

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