http://www.investmenteurope.net/regi...-stress-tests/

No doubt when it happens they'll be after British taxpayer's money to bail them out.
Camoron will bluster & then meekly hand it over. He's got form.
(We'll never get it back)

In article ,
harry writes:
http://www.investmenteurope.net/regi...-stress-tests/

No doubt when it happens they'll be after British taxpayer's money to bail them out.
Camoron will bluster & then meekly hand it over. He's got form.
(We'll never get it back)

We're no longer on the hook for rescuing Eurozone banks (and neither are
any of the other non-Eurozone countries).

Actually, since 1st January, even the EU is no longer on the hook for
Eurozone members' banks to the same degree it was - the central banks
are no longer permitted to start helping out until the large creditors
have lost at least 8% of their investment, and the bailing out will be
performed mainly by the large creditors (e.g. bond holders) losing
their money rather than by government/EU bailing out. Such banks are
now expected to fail rather than be rescued.

--
Andrew Gabriel
[email address is not usable -- followup in the newsgroup]

On Tue, 19 Apr 2016 10:19:16 -0700, harry wrote:

http://www.investmenteurope.net/regi...an-banks-fail-
european-stress-tests/

No doubt when it happens they'll be after British taxpayer's money to
bail them out. Camoron will bluster & then meekly hand it over. He's got
form.
(We'll never get it back)

Deutsche Bank is also thought to be teetering on the edge of oblivion;
has been for nearly a year IIRC.

On Tuesday, 19 April 2016 22:38:06 UTC+1, Andrew Gabriel wrote:
In article ,
harry writes:
http://www.investmenteurope.net/regi...-stress-tests/

No doubt when it happens they'll be after British taxpayer's money to bail them out.
Camoron will bluster & then meekly hand it over. He's got form.
(We'll never get it back)

We're no longer on the hook for rescuing Eurozone banks (and neither are
any of the other non-Eurozone countries).

Actually, since 1st January, even the EU is no longer on the hook for
Eurozone members' banks to the same degree it was - the central banks
are no longer permitted to start helping out until the large creditors
have lost at least 8% of their investment, and the bailing out will be
performed mainly by the large creditors (e.g. bond holders) losing
their money rather than by government/EU bailing out. Such banks are
now expected to fail rather than be rescued.

Hah.
They'll never allow it to happen.
Too big/important to fail.
They'll be round with the begging bowl.

En el artículo , Cursitor Doom
escribió:

Deutsche Bank is also thought to be teetering on the edge of oblivion;
has been for nearly a year IIRC.

http://www.theguardian.com/business/...-bank-germany-
financial-colossus-stumbles

or http://tinyurl.com/hvrzy9e

--
(\_/)
(='.'=) Windows 10: less of an OS, more of a drive-by mugging.
(")_(") -- "Esme" on el Reg

harry wrote:

harry writes:
http://www.investmenteurope.net/regi...-stress-tests/

Many banks in various European countries have failed the stress test.
It does not mean the banks are on the point of failure.
It means that they are required to find additional capital,
which 5 of the 9 banks did immediately after the Bank of Italy
said they had failed the test.

3 of the remaining 4 banks are almost certain to do the same.
The last bank, the Bank of Siena (said to be the oldest bank in the world)
has been ordered to merge or put itself up for sale.
This bank has been known to be in trouble for a long time,
largely due to its backing of various project in and around Siena.
(IIRC, one of the projects the bank backed was the local football team.)

I don't think there has been any accusation of fraud,
although there have been suggestions that the true position was hidden.
The bank was run in a curious way, with a board consisting
of eminent local personages.

--
Timothy Murphy
gayleard /at/ eircom.net
School of Mathematics, Trinity College, Dublin