A first glance shows 24 banks failed. It seems that while the tests were serious, this is not a major earthquake. From the announcement Key results of comprehensive assessment of 130 largest euro area banks: Capital shortfall of €25 billion detected at 25 participant banks Banks’ asset values need to be adjusted by €48 billion, €37 billion of which did not generate capital shortfall Shortfall of €25 billion and asset value adjustment of €37 billion implies overall impact of €62 billion on banks Additional €136 billion found in non-performing exposures Adverse stress scenario would deplete banks’ capital by €263 billion, reducing median CET1 ratio by 4 percentage points from 12.4% to 8.3% Exercise delivers high level of transparency, consistency and equal treatment Rigorous exercise is milestone for the Single Supervisory Mechanism starting in November Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next USD/CAD Forecast Oct. 27-31 Kenny Fisher 7 years A first glance shows 24 banks failed. It seems that while the tests were serious, this is not a major earthquake. From the announcement Key results of comprehensive assessment of 130 largest euro area banks: Capital shortfall of €25 billion detected at 25 participant banks Banks' asset values need to be adjusted by €48 billion, €37 billion of which did not generate capital shortfall Shortfall of €25 billion and asset value adjustment of €37 billion implies overall impact of €62 billion on banks Additional €136 billion found in non-performing exposures Adverse stress scenario would deplete banks' capital by €263 billion,… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
