EU Says EBA Intends to Complete Bank Reassessment by Ecofin

The European Banking Authority intends to complete an assessment of the region’s capital needs in time for a meeting of European Union finance ministers next week, said Jonathan Todd, a spokesman for the European Commission.

“The EBA’s intention is to finalize their reassessment in time for that” meeting, Todd told reporters in Brussels today.

To contact the reporter on this story: Jim Brunsden in Brussels at jbrunsden@bloomberg.net

To contact the editor responsible for this story: Patrick Henry at phenry8@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.