No great shocks there. It took them long enough to complete these ones . But they certainly shouldn’t take their foot off the pedal

ECB’s Noyer speaking to Les Echos

  • level of mobilization needed for the stress tests would be difficult to repeat regularly
  • some banks will want to communicate quickly and clearly the results of their stress tests

And others will breathe a large sigh of relief no doubt

Noyer- no repeats in a hurry for stress tests

Noyer- no repeats in a hurry for stress tests