European Banking Officials to Release Bank Stress Test Results
Amid the European economic malaise with concerns over deflation and slow growth, banking officials are taking no chances when it comes to preventing the next bank collapse.
Amid the European economic malaise with concerns over deflation and slow growth, banking officials are taking no chances when it comes to preventing the next bank collapse from bringing down the entire financial system. On Sunday, the Eurozone's 130 largest banks will receive results of stress tests from the European Central Bank and the European Banking Authority, which took place over the past year. These are the first stress tests since Europe's sovereign debt crisis in 2011. TheStreet's Scott Gamm speaks with Olly Burrows, a senior analyst at Rabobank International to discuss what the expected results will be and what happens should banks fail the test.









