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ECB Says Most Banks Are Healthy

Hoping to relieve years of stress about Europe’s financial health, regulators pronounced Sunday that all though 13 of a continent’s heading banks have adequate collateral to float out another mercantile storm.

The European Central Bank and a European Banking Authority announced a formula of a scarcely yearlong bid to consider a finances of 150 banks, identifying 13 that still need to come adult with a sum of €9.5 billion ($12 billion) in extra…

Article source: http://online.wsj.com/articles/ecb-says-25-banks-fail-stress-tests-1414321240

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