Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

EBA Chief Says Stress Tests Were Flawed, Platow Brief Reports

June 21 (Bloomberg) -- European Banking Authority Chairman Andrea Enria said his institution made mistakes with the implementation of past stress tests, Platow Brief reported, without saying where it got the information.

The massive capital requirements by Spanish banks, which almost all passed the last round of stress tests, reveal the flaws in the methodology, Platow Brief reported. The next round of stress tests will not happen before end of 2013, and its methodology hasn’t been decided yet, the report said.

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.