• ECB bank review was rigorous
  • ECB test makes banking system more secure
  • No one should fool himself, this was a very strict test

Andreas Dombret is also an ECB supervisory board member and was speaking in Germany’s Sueddeutsche Zeitung.

We get the results from the EBA bank test and ECB AQR at the top of the hour. I’m not sure how they are going to come out but it’s likely to be in one big flurry so I’ll catch the main headlines and then go into all the details.

Update: The release time is 12.00 cet (11 gmt) and there’s a press conference set for 12.30 cet with Vitor Constancio and Daniele Nouy. I could have stayed in bed for an extra hour

;-)

We’ll have the presser covered but you can also catch it here