Russia’s Banks Feel Capital Squeeze in Grip of Sanctions
Russia’s political travails are taking a toll on stocks beyond its borders, from a Finland tiremaker to a U.K. event organizer and a German drug company.
A STRATFOR Analysis!
Twenty-four European banks have failed stress tests of their finances, the European Banking Authority has announced.
Christian Clausen, president of the European Banking Federation, said regulators need to rethink an approach he warned will bury the industry under a mountain of rules with little coherence.