Some 25 banks may be "failed"
when the European Central Bank reports Sunday on a major review
of the stability of 130 of the region's biggest banks, Bloomberg
reported Friday. Two of the 15 Italian lenders included in the
ECB review, Monte dei Paschi di Siena and Banca Carige, will be
told to shore up their capital levels, Bloomberg said. They are
among a dozen that will be ordered to increase capital, the news
agency added. The ECB has been scrutinizing banks before it
takes over banking supervisory responsibilities next month.
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