25 Lenders Said Poised to Fail ECB’s Health-Check

Twenty-five banks are set to fail the European Central Bank’s Comprehensive Assessment today, according to a draft communique of the results seen by Bloomberg News.

One-hundred-and-five banks are shown passing the review, according to the draft statement.

Of the lenders that failed, about 10 will still face capital shortfalls they need to plug, according to a person with knowledge of the matter, who asked not to be identified because they weren’t authorized to speak publicly. In total, banks will have to raise 9 billion euros ($11.4 billion), Italian daily newspaper Il Messaggero reported, without citing sources.

Read more: “The numbers are consistent with our expectations”