Fitch ratings agency says that investors are optimistic that the upcoming AQR and bank stress tests will help restore confidence in European banks. Personally I think that most people are sitting down the the pessimist end of the scale.

Will you have confidence in banks after banks tests?

Yes come take my money

No not touching them with a barge pole

More needs to be done

I believe the AQR results are out on the 26th so we’ll be keeping an eye out on those. Not sure if that’s the date they get released to the banks or to the public.