Director / Editor: Victor Teboul, Ph.D.

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Stressed Times for Europe's Banks Despite Rosy Assessment

The results of recent stress tests of Europe's biggest banks should have reassured investors that the sector can withstand another crisis. A slump in share prices across the industry since the findings' publication on Friday suggests many have yet to be convinced. On Tuesday, bank stocks across Europe - even those that were effectively given a clean bill of health by the European Banking Authority's tests - fell sharply for the second day and weighed heavily on the wider...

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