The new European Banking Authority ... has told regulators and bankers that the exams are likely to rely on each country's definition of an important capital ratio known as Tier 1 ... some skeptical bankers and regulators worry, it could undermine the effort to end the European financial crisis.New stress tests, similar concerns.
• From the NY Times: Opposition in Libya Struggles to Form a United Front
• From the WSJ: U.S. Sees Stalemate Emerging in Libya
• From al Jazeera: Libya Live Blog - March 9
• WTI oil at $104.66 per barrel
Earlier:
• CoreLogic: 11.1 Million U.S. Properties with Negative Equity in Q4
• NFIB: Small Business Optimism Index increases in February