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Committee of European Banking Supervisors

European Bank Stress Tests are Tragic-Comedic Farce

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

A banking stress test based on public relations requirements rather than realistic financial and economic modeling may boost the stock price of major banks, justifying massive bonus payments to banking executives.

EU Bank "Stress Tests": Only 7.6% Fail

AP | PAN PYLAS | Posted 05.25.2011 | Business

LONDON — The results are in: Only seven of 91 European banks flunked the "stress tests" aimed at clearing up market fears about the strength of ...