Some of the largest banks have been in touch to complain about the recalculations of Europe’s stress test data that I published last week. Not a big surprise that they would. But I’ve accepted […]
Smoke and mirrors apart: it is France and Germany that have by far the largest equity funding shortfalls among Eurozone banks.* Further, the aggregate equity funding shortfall for European banking is much larger than the […]
Today marks the operational start of the Single Supervisory Mechanism (SSM), charged with supervision of European banks. A milestone paving the way for the SSM was the comprehensive assessment of European banking, […]
