Bank recap plans impressive: EBA

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Bank recap plans impressive: EBA

Issue: Daily News - 6 February 2012

The European Banking Authority has hit out at suggestions that it would reject up to half the measures in bank recapitalisation plans, calling them “inaccurate and misleading”. The EBA said it had been impressed with banks’ efforts towards meeting the framework it set out in December, to reach a 9% core capital ratio by the end of June. ..

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