Banks May Need 85 Billion Euros on Stress Tests, Barclays Says

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European banks may need to raise more than 85 billion euros ($109 billion) to bolster their capital after stress tests, according to Barclays Capital.

Spanish savings banks, or cajas, may require 36 billion euros, German Landesbanks could need 34.5 billion euros, while the Greek banks may have to raise 8.6 billion euros, according to analysts led by Jeffrey Meli in New York. Portuguese lenders may require 5.9 billion euros, they estimate.