Banks lend .46 bln to thermal power plant in Vietnam
Twelve foreign banks will join hands to lend more than $ 1.46 billion to Mong Duong 2 coal-fired power plant in northern Vietnam, the plant’s operator said on Monday.
Read more on Thanh Nien Daily
EU hopes stress tests boost faith in banks
European regulators will release potentially unsettling details on the finances of 90 banks on Friday to increase transparency and convince markets that the financial system as a whole could withstand big shocks, such as a Greek debt default.
Read more on AP via Yahoo! News
Eight banks flunk European stress test
FRANKFURT, Germany — Eight of 90 banks have flunked stress tests that project how they would fare in another recession, and 16 more barely passed, Europe’s banking regulator said Friday.
Read more on Pasadena Star-News
