UBS and Bank of America units clear ECB stress test
04 Jun UBS and Bank of America units clear ECB stress test
Posted at 17:15h
in
News
by KMFSLLP
An asset quality review and a
stress test on subsidiaries of UBS and Bank of America
revealed no capital shortfall, the European Central Bank
said on Friday, clearing a hurdle for the banks to relocate
activities to Europe from Britain.
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