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Hypo Real Estate to fail EU banking stress test: report

India Infoline News Service / 08:53 , Jul 20, 2010

Hypo Real Estate Holding AG, the German lender taken over by the government following the financial crisis, failed a Europe-wide banking stress test, according to a report.

The report stated that the company didn’t pass a stress scenario on its capital that assumes an economic slowdown and sovereign-debt losses.

 



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