ECB Stress Tests: Which Banks Will Fail?
Oct. 24 (Bloomberg) -- All eyes will be on Europe this weekend as the much-anticipated results of the ECB's Asset-Quality Review and stress test are announced. This is the first stress test performed since 2011, following the sovereign-debt crisis. The hope is that results will increase transparency and bring confidence to the continent's banking sector before the ECB takes over as direct supervisor on November 4. Bloomberg's Erik Schatzker breaks down this round of tests by the numbers.
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Infosys CEO Resigns After Criticism From Founders
17:12 - Infosys Ltd. Chief Executive Officer Vishal Sikka has stepped down following criticism from the company’s founder. Chief Operating Officer Pravin Rao will become interim CEO. Bloomberg's Caroline Hyde reports on "Bloomberg Technology." (Source: Bloomberg)