Europe may follow Spain on tests
By Gavin Finch and Simon Clark | China Daily | Updated: 2010-06-18 07:52
|
Pedestrians pass the Bank of Spain in Madrid. The Bank of Spain has seized two lenders since the start of the financial crisis and is urging ailing banks to complete merger plans to tap a government rescue fund. Denis Doyle / Bloomberg |
LONDON - The Bank of Spain's decision to publish the results of stress tests on the nation's lenders may force European neighbors to follow suit as investors demand more disclosure of the risks on banks' books.
Photo
