EBA to Discuss Strengthening Bank Capital, Handelsblatt Says

Sept. 7 (Bloomberg) --The European Banking Authority is meeting to discuss strengthening bank capital, Handelsblatt reported, citing a person familiar with the situation in Brussels.

Banks can barely raise capital because the situation on the interbank market is “horrible,” the newspaper said, quoting a market participant on Tuesday.

To contact the reporter on this story: Allison Connolly in Frankfurt at aconnolly4@bloomberg.net.

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net.

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