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EU Regulators Will Decide on Region Wide Bank Stress Tests

European regulators will decide within two months how to conduct an extensive review of the euro zone’s lenders, Bundesbank Vice-President Sabine Lautenschlaeger said on Tuesday.
Before the European Central Bank starts supervising euro zone banks next year as a first step towards a planned banking union, it wants to take stock of the lenders’ health. So far it has been unclear how such a review would fit in with stress tests planned by the European Banking Authority.
Lautenschlaeger, who is in charge of banking supervision on the German central bank’s board, said the ECB, the EBA and national supervisors had decided to cooperate on the matter and were now discussing details.

via Yahoo [1]

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Alfonso Esparza

Alfonso Esparza [6]

Senior Currency Analyst at Market Pulse [7]
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza
Alfonso Esparza

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