Recapitalisation could hit banks in Spain, Portugal, Italy hardest

10/24/2011 | Bloomberg · Wall Street Journal, The

A €100 billion plan to recapitalise banks in Europe likely would hit lenders in Italy, Portugal and Spain harder than most of their counterparts in Germany, France and the UK. European officials are considering requiring banks to increase core Tier 1 capital to 9% of risk-weighted assets, sources said.

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Bloomberg · Wall Street Journal, The

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