MARKET TALK: Stress Test Results "A Positive Catalyst"- Nomura

21st Jun 2010 09:46

0846 GMT [Dow Jones] The planned publication of the results of so-called 'stress tests' on European banks could be "a positive catalyst," to increase confidence in the sector's solvency, says Nomura, assuming the exercises make sufficiently conservative loss assumptions and are transparent enough to be credible. By their own stress estimates, most large European banks can fund potential losses from operating earnings and losses in most scenarios wouldn't top those made in the 2007/08 financial crisis, Nomura says. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires June 21, 2010 04:46 ET (08:46 GMT)