Of the 91 European banks tested, Goldman Sachs have forecast that 10 of the 91 will fail
BBC News - European bank stress test results awaited
If you've taken advantage of the recent banking crisis and had a dabble in RBS and Lloyds shares, then you may be holding your breath as all the banks have undergone stress tests to see if they financially stable, and the results are about to be made public. Of the 91 European banks tested, Goldman Sachs have forecast that 10 of the 91 will fail BBC News - European bank stress test results awaited
Listen. With confidence so low and the "to carry on throwing money into the economy to boost the kick-start" vs "cut back and control the deficit" argument going on...the tests are not going to reveal anything scary. Perhaps it will weed out one or two of the dodgy backs in Greece etc. But that's it. It's window dressing.
Yup, looks like the stress tests came to nothing. The RBS day trading bonanza continues  |
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