Financial Regulatory Forum

July 26 (Reuters) – Investors took some reassurance on Monday that most European banks had passed “stress tests” on their ability to deal with a debt crisis, driving up European bank stocks.

Seven out of 91 European banks failed the test, whose results were announced by the Committee of European Banking Supervisors (CEBS) late on Friday.

The following list shows which banks passed and which failed the tests requiring them to have a 6 percent tier one capital ratio under scenarios of worsened economic conditions. It shows their tier one ratio under the harshest scenario, which included a fall in the value of their sovereign bond holdings

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LONDON, July 26 (Reuters) – Seven European banks failed a health check and need to raise their capital by 3.5 billion euros ($4.5 billion), much less than expected, as part of a long awaited industry “stress test”.

The tests, the results of which were released late on Friday, were criticised as too soft, but were applauded for providing greater transparency.

Here’s what top analysts said on the stress tests on Monday:

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By Huw Jones

LONDON, July 9 (Reuters) – Global regulators gathering next week to finalise tough new bank capital rules face increased pressure to be more open after the market’s positive response to greater transparency over European bank stress tests.

The Basel Committee of central bankers and supervisors meets on July 14-15 to finesse its Basel III reform.

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