|German banks weakest in stress tests|
| Germany’s Commerzbank is facing the prospect of nationalisation, following updated stress test figures from regulators at the European Banking Authority, which nearly tripled the capital shortfall of the German banking sector.|
The stress test, which pushes up the Europe-wide deficit from €106bn in October to €115bn now, shows that Commerzbank must raise €5.3bn of equity to come into line with the 9 per cent core capital ratio that EBA is demanding by June 2012.
Thursday, December 8, 2011
Posted by Michele Kearney at 12:53 PM