By Jeff
Black Oct 26, 2014 8:00 PM GMT+0200
Twenty-five
lenders including Banca Monte dei Paschi di Siena SpA failed a stress test led
by the European Central Bank, which found the biggest capital hole in the
region’s banking system in Italy
The
Frankfurt-based institution identified a total gap of 25 billion euros ($32
billion) as of the end of 2013, most of which has now been raised by banks.
Among lenders still in need of funds, Italy
