Results of the 2011 EU-wide stress test

The European Banking Authority (EBA) published today  the results of its 2011  EU- wide  stress test of 90 banks in 21  countries 1. The aim of the 2011 EU-wide stress  test  is  to  assess  the  resilience  of  the  banks  involved  in  the  exercise  against  an adverse but plausible scenario.
For  the  2011  exercise,  the  EBA  allowed  specific  capital  increases  in  the  first  four months of 2011 to be considered in the results.  Banks were therefore incentivised to strengthen their capital positions ahead of the stress test.

The 2011 EU-wide stress test results show that:
  At the end of 2010, twenty banks would fall below the 5% Core Tier 1 Ratio (CT1R)  threshold  over  the  two-year  horizon  of  the  exercise.  The  overall shortfall would total EUR 26.8 bn.
  Between January and April 2011, a further net amount of some EUR 50 bn of capital was raised.
  Taking  into  account  these  capital  raising  actions  implemented  by  end  April 2011

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All of the UK's major banks have passed stress tests designed to calculate how the institutions would cope in any future financial meltdown.
Sky City editor Mark Kleinman has exclusively revealed that Barclays (LSE: BARC.L — news), Lloyds,and HSBC (LSE: HSBA.L — news) have all passed the tests with a considerable margin, but RBS (LSE: RBS.L — news) less so.
The European Banking Authority, the European Union's London-based financial sector regulator, has carried out assessments of 91 institutions across Europe (Chicago Options: ^REURTRUSD — news) «to assess the resilience of European banks to severe shocks»...

http://uk.finance.yahoo.com/news/All-UK-Banks-Pass-EU-Stress-skynews-1344652998.html?x=0