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Europe's banks face moment of truth from ECB review
At around noon on Thursday, the euro zone's 130 biggest banks will receive the European Central Bank's final verdict on their finances after a review aimed at drawing a line under persistent doubts about the health of the region's banking sector. Most banks already have a good idea of how they have fared in the region's most comprehensive ever bank tests, after getting "partial and preliminary" results from the ECB in recent weeks. But the final numbers were only agreed by senior regulators and supervisors late on Wednesday. They will not be made public until 12 noon BST on Sunday, and the ECB has asked banks not ... (full story)