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World Economic Forum 2014: Overheard in Davos

By Bloomberg Briefs - 2014-01-22T18:19:25Z

Photograph by Simon Dawson/Bloomberg

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Axel Weber

Less bullish was UBS Chairman Axel Weber, who warned earlier that this year’s stress test on European institutions “may trigger a comeback of some of the concerns,” with some banks set to fail the examination. “I don’t think the markets at this point will supply sufficient capital, at least not for the banks that are in doubt,” Weber said. “This is going to be a key issue this year.”

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