Jay: the ECB comprehensive assessment is out!
While I digest, here is the pdf.
A daunting task for sure, however, I really wonder ... will 8% be sufficient to sort the men from the boys? We shall see next year.
"Capital thresholds will be set as a benchmark for the outcomes of the exercise. The capital benchmark will be set at 8% Common Equity Tier 1. The capital definition of 1 January 2014 will app…
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