lass=”” >Jason Burack of Wall St for Main St did a short video updating listeners about European banks after the European Banking Authority (EBA) did a bank stress test on Friday.
Markets were not anymore confident in European Banks like Deutsche Bank and Italian banks following the results of the EBA stress tests. The market knows these banks are severely under-capitalized and will need to do equity/capital raises and/or need bailouts!
Article links mentioned in the video:
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