Half Of Spanish Banks Pass Stress Tests

01 Oct 2012

Seven of 14 Spanish banks that underwent independent stress testing by consultants Oliver Wyman passed, with a total capital deficit for the sector of EUR59.3 billion ($76.3 billion), less than the EUR62 billion ($79.7 billion) projected by the firm.

Seven of 14 Spanish banks that underwent independent stress testing by consultants Oliver Wyman passed, with a total capital deficit for the sector of EUR59.3 billion ($76.3 billion), less than the EUR62 billion ($79.7 billion) projected by the firm.

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