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EU bank stress test toughest yet but not a 'pass-fail' exercise, EBA says

( January 31, 2018, 17:30 GMT | Official Statement) -- MLex Summary: EU banks will have their resilience measured against a record economic slump, the European Banking Authority has said as it started its biennial sector stress test. The test is not a pass-or-fail exercise, the regulator added, but banks shown to be vulnerable could be forced to shore up their capital position. The results will be published on Nov. 2.The statement follows. The scenarios and other supporting documents are attached....

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