German official: Disclosure of stress-test results can't be forced

07/1/2010 | Wall Street Journal, The

Franz-Christoph Zeitler of the Deutsche Bundesbank questioned the EU's stress tests on banks, saying authorities cannot force financial institutions to reveal the results. "The stress tests should be published, but only on the basis of agreement with the respective banks," Zeitler said. His comments come as the Committee of European Banking Supervisors prepares to conduct stress tests on as many as 120 European banks.

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