European bank stress tests – “Cash calls expected as Europe’s banks face tests”

 

European bank stress tests – “Cash calls expected as Europe’s banks face tests” – up to 20 European banks may be forced to raise capital in response to deficits uncovered as a result of the stress tests; in aggregate, these banks may seek as much as EU30B; Germany apparently told a gathering of bank leaders on Wed to prepare for capital raises in case they are needed (FT)