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Deutsche Bank Received Special Treatment by ECB in Stress Tests, Bank of England Complains

Tuesday, October 11, 2016 18:50
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mishtalk.com / Mike “Mish” Shedlock / October 11, 2016

Under ECB stress test rules, bank asset sales must be booked (not just expected to close) to count.

Numerous EU banks had asset sales pending but the ECB ignored its own rules in just one case: Deutsche Bank.

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The post Deutsche Bank Received Special Treatment by ECB in Stress Tests, Bank of England Complains appeared first on Silver For The People.

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