They will also publish the assessment results at the same time.
The ECB will release their bank review results (AQR) at the same time.
123 banks will be reported by the EBA and 130 by the ECB and they’re doing it on a Sunday so that the market can digest the news before market open. Poor old Eamonn could be a busy bunny that night
The ECB adds that banks who show a short fall will have two weeks to submit a plan to fix them.
As well as a bank by bank report, the ECB will release an an aggregate report.
Looks like the whole of the ForexLive crew will be putting in some overtime
