ECB Stress Test Could Reveal Widespread Weakness
We still have a good six weeks before the European Central Bank (ECB) reports back on stress test results, but following the Banco Espirito Santo SA (ELI:BES) bailout, expectations are already riding low, and Federal Financial Analytics, Inc co-founder and managing partner Karen Shaw Petrou thinks that the best case scenario is still pretty grim.
“At best . . .
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