..if anyone to blame about the stress test rumors , then the politicians; they are in the news frequently about the greater than avg % of passing the stress tests.. Then some brokers also say it is a done deal..so much for secrets ..btw - I heard they would be published sometime end of November start of December , oops I hope that is not a rumor !
The ecb has got its nickers in a twist over this seemingly. They have agreed to gives the banks the heads up on their results so as to give them time to put extra capital in place if necessary. its top secret so banks have to sign non disclosure agreements with their blood least they take any market advantage from an early result. Of course the supper efficient germans have to legally disclose such market sensitive information immediately upon hearing it. So the ecb are trying to trump them by threatening banks that even rumours about rumours will be " investigated". That would definitely include you ramerci especially if your are within shouting distance of a bank branch when you post. Actually anyone that correctly guesses the bkir result will probably have interpol after them. Its going to be an interesting month ahead.
Rumors spread about how banks are doing in the stress tests may be investigated by banks. This follows guidance from central Europe on how and when information may be passed on to the market. So I for one am going to moderate any speculative ideas I have about BKIR. :)
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