EBA rejects claims of problems with banks’ recapitalisation plans


The European Banking Authority (EBA) on February 6 categorically rejected claims that the organisation is gearing up to challenge many of the plans put forward by banks as part of the region-wide recapitalisation exercise.

The Financial Times newspaper had published an article that said a "significant proportion" of capital restructuring plans put forward by European banks were not up to scratch.

"These reports purporting to contain factual information are in fact inaccurate and misleading,"

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