Stress test needs capital solution, ING CEO says

09/23/2013 | Bloomberg

Outgoing ING Groep CEO Jan Hommen warns regulators that stress-testing banks without a mechanism that allows banks that fail to raise capital could have serious consequences. "The question for me is who is going to provide that capital," Hommen said. "Because I don't think there is a safety net built yet that makes sure that if a bank needs more capital, it is there."

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