24 European banks given 9 months to sort their shit out, after regulator finds they could not withst - Polidicks

[url]http://www.bbc.co.uk/news/business-29777589[/url] [quote]Twenty-four European banks have failed stress tests of their finances, the European Banking Authority has announced. The banks now have nine months to shore up their finances or risk being shut down. No UK banks are included. The review was based on the banks' financial health at the end of 2013. Ten of them have taken measures to bolster their balance sheets in the meantime. All the remaining 14 banks are in the eurozone. The health check was carried out on 123 EU banks by the EBA to determine whether they could withstand another financial crisis.[/quote]

Any chance of a list of banks? I've got stock in mine, don't want to see $$$ vanish by their stupidity.

[QUOTE]Still troubled: The 14 banks that still need to raise capital Austria: Oesterreichische Volksbanken Belgium: AXA Bank Europe, Dexia Cyprus: Hellenic Bank Public Company Greece: Eurobank Ergasias, National Bank of Greece Republic of Ireland: Permanent TSB Italy: Banca Carige, Monte dei Paschi, Banca Popolare di Milano, Banca Popolare di Vicenza Portugal: Banco Comercial Portugues Slovenia: Nova Kreditna Banka Maribor, Nova Ljubljanska Banka[/QUOTE]

Doesn't seem to include any Northern European banks.

[QUOTE=Alex_V;46334464]Doesn't seem to include any Northern European banks.[/QUOTE] What about Belgium?

[QUOTE=Sir_takeslot;46334490]What about Belgium?[/QUOTE] That's Western Europe.

Pretty much what was expected? Germany, France, Sweden, Netherlands, Norway, Denmark, Finland, all have their shit together.

[QUOTE=Pr0fane;46334813]Pretty much what was expected? Germany, France, Sweden, Netherlands, Norway, Denmark, Finland, all have their shit together.[/QUOTE] UK does too.

[QUOTE] Slovenia: Nova Kreditna Banka Maribor, [B]Nova Ljubljanska Banka[/B][/QUOTE] Yey, more money from our nation to spend fixing those shits. Fuck this, im moving.

[QUOTE={TFS} Rock Su;46334914]Yey, more money from our nation to spend fixing those shits. Fuck this, im moving.[/QUOTE] But you have Zizek

[QUOTE=proboardslol;46334923]But you have Zizek[/QUOTE] That´s the only good thing, and we may have a source of almost infinite money, the amount of douchies we got here controlling the country is uncomparable.

I find it funny, yet sad, that the only two banks from Slovenia are banks that were heavily nationalized, or advertised. Just fucking get rid of them already jesus, the private banking sector is doing fine.

[QUOTE=Ogris;46335241]I find it funny, yet sad, that the only two banks from Slovenia are banks that were heavily nationalized, or advertised. Just fucking get rid of them already jesus, the private banking sector is doing fine.[/QUOTE] Just let Pipistrel buy all of them and look no more decapitalizations.

[QUOTE=Pr0fane;46334813]Pretty much what was expected? Germany, France, Sweden, Netherlands, Norway, Denmark, Finland, all have their shit together.[/QUOTE] Seems like czech banks are also healthy. Though the argument there is that they have other forms of cash flow but just loans

Meanwhile in america... Banks have invested billions into high volume trading algorithms which collectively form a nuclear bomb waiting to reach critical mass, in one second for example they can dump a billion dollars worth of assets, in one minute they can dump a trillion in assets and when things go wrong we'll just scratch our heads and do nothing to fix it

[QUOTE=Pr0fane;46334813]Pretty much what was expected? Germany, France, Sweden, Netherlands, Norway, Denmark, Finland, all have their shit together.[/QUOTE] Spain too, surprisingly.

[QUOTE=ben1066;46334824]UK does too.[/QUOTE] Only in statistics. The public sector is on an increasingly thin line, and more and more cuts keep getting made. If we get another term of austerity, I can see a major collapse.

Oh, so doing that thing we did to help get us out of the Great Depression way back when?

How about uh..... you know, making sure we don't have another financial crash/crisis caused by a bunch of elite retards?

[QUOTE=Pr0fane;46334813]Pretty much what was expected? Germany, France, Sweden, Netherlands, Norway, Denmark, Finland, all have their shit together.[/QUOTE] France has not his shit together. At all.

[QUOTE=gk99;46336364]Oh, so doing that thing we did to help get us out of the Great Depression way back when?[/QUOTE] You want to resurrect hitler and re-act world war 2? [editline]27th October 2014[/editline] [QUOTE=Strontboer;46336501]How about uh..... you know, making sure we don't have another financial crash/crisis caused by a bunch of elite retards?[/QUOTE] Good luck with that. There's been a recession at least every decade we're due for another imo. 2007, 2001, 1990, 1981, 1973, 1969, 1957, 1953, 1948, 1945, 1937, 1929 Brb googling how to profit from a recession. edit: Here you go [url]https://www.youtube.com/watch?v=R68JEULdNIU[/url] How to get rich from recession £1m at the end.