Investors seek stress-test details and post-assessment plans

07/15/2010 | Bloomberg Businessweek · Reuters

Investors worldwide will be going over results of the EU's stress tests to determine banks' health. Details are important, and market participants want to know how banks will raise capital if needed. EU finance ministers said they will release test results Friday, but they continue to debate the level of detail that will be disclosed, spurring uncertainty. Meanwhile, an industry group that represents the largest U.S. banks said it is crucial for the EU to reveal stress-test details that show the health of the region's banks.

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Bloomberg Businessweek · Reuters

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