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Some European banks won't survive repeat of 2008 crash

Money On Hook

Europe’s latest bank stress test was flawed, and dozens of the region’s lenders, including Deutsche Bank and BNP Paribas, aren’t sufficiently capitalized to improve the economy’s anemic growth or withstand a repeat of the 2008 financial crisis.




40 banks test bitcoin tech for trading bonds

A group of 40 major banks, including Goldman Sachs and Barclays , have tested a way to trade fixed income assets using the blockchain, the technology that underpins bitcoin, in a move that highlights how serious the world's biggest lenders are about the technology.