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EU Says EBA Intends to Complete Bank Reassessment by Ecofin

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Oct. 14 (Bloomberg) -- 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.

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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

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