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BFW 10/23 14:00 *DRAGHI SAYS ECB WON'T HESITATE TO FAIL BANKS IN STRESS TESTS
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Draghi Says ECB Won’t Hesitate to Fail Banks in Stress Tests 2013-10-23 14:00:46.294 GMT
By Stefan Riecher and Jeff Black Oct. 23 (Bloomberg) -- Draghi says if banks ‘have to fail, they have to fail.’ * Draghi says purpose of bank tests is to restore confidence * Draghi spoke in interview with Bloomberg Television in Frankfurt today * Story link: {NSN MV4K4U1A1I4H <go>} * Earlier related story: {NSN MV4HJ76K50YS <go>}
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To contact the editor responsible for this story: Tom Kohn at +49-69-92041-283 or tkohn@bloomberg.net