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ECB Eases European Bank Street By 25%, Lowers Capital Ratio Requirement From 8% to 6%

zerohedge.com / by Tyler Durden on 01/15/2014 11:42 -0500

First the Volcker Rule was defanged when last night the requirement to offload TruPS CDOs was eliminated, and now here comes Europe where the ECB just lowered the capital requirement for its “stringent” bank stress test (the one where Bankia and Dexia won’t pass with [...]