capital shortfall of 300 billion euros ($386 billion) to 400billion euros led by France and Germany, according to analysts at Berenberg Bank.
The European Banking Authority and the European Central Bank are under “huge pressure” to curb concern that asset quality is inadequate, Berenberg analysts in London including Nick Anderson wrote to clients yesterday.
Berenberg said.
“The EBA, the universal butt of criticism after the 2011 stress test, will be desperate not to be made a fool of again, especially with the ECB breathing down its neck,” the analysts
said in the note. “The stakes could not be higher.”
http://www.bloomberg.com/news/2013-05-21/euro-banks-may-have-386-billion-capital-deficit-berenberg-says.html














