European Bank Stress Test. Exams for European banks are nearly over, with the results of stress-tests on ninety one financial institutions to be released on Friday. The stress tests were carried out by the European Banking Authority (EBA) and the Single Supervisory.
Twenty-five eurozone banks have failed the European Central Bank's 'stress tests,' the latest effort to quell concerns about the financial system's health. The results expected Friday night won't explicitly say whether a given bank has. The frailty of banks has been a consistent theme in the euro crisis.
European bank stress test results will be released a couple hours before the US open on Friday.
He is now the European Central Bank's top banking supervisor.
The stress tests were carried out by the European Banking Authority (EBA) and the Single Supervisory. How a Bank Stress Test Works. Approaches to stress testing differ across countries, notably between the European Union and the United States.