Bank buffers: The European Central Bank last week announced long-awaited details on next year's stress tests for the EU's 130 largest banks. Institutions will need 8 per cent in core capital once the exercise is done, giving weaker banks 12 months to raise equity or shed assets. ECB president Mario Draghi warned governments that more public money may be needed.
Leading woman: French financial regulator Daniele Nouy has emerged as the leading candidate to run the new single...
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