Stress Tests on European Banks, the Italians Among the Most Solid: Iccrea, Mps, Unicredit and Intesa at the Top (Even with the Recession)

Corriere Della Sera

Center

Factuality

Ownership

The simulations conducted by Eba out of 64 banks, equal to 75% of bank assets. Top Italian, bad German and French

Quotidiano Nazionale

Factuality

Ownership

The GDP collapses by 6.3% by 2027. Advanced economies end up in a "prolonged and simultaneous" recession, between increasing geopolitical tensions and a race for protectionism on a global scale. It is the nightmare scenario imagined by the stress test of the Eba (the European Banking Authority) and the ECB. But even under pressure the Italian banks hold it up. They stand better than the French and German ones, more exposed to financial leverage …

L'AGEFI

Factuality

Ownership

With a CET1 solvency ratio modeled between 8% and 10% in 2027 while the European average is 12%, four French banks finish the exercise late on the peloton.