Speculation has risen that several Greek, German, Portuguese and Spanish banks will be among those failing the latest European Union industry stress tests.
As many as 15 out of the 91 banks taking part in the latest round of tests are said to have failed, according to unnamed sources quoted by Reuters.
Between 10 and 15 banks are expected to have failed, compared to seven when the EU-wide tests were conducted last summer.
German and Spanish savings banks are expected to be among the most prominent failures, while Greek and Portuguese banks are also expected to fall short of the capital needed to pass the stressed scenarios banks have been subjected to.
The stress tests have been conducted by the national authorities in each member state under the guidance of the newly-formed European Banking Authority.
For the first time, the tests include a peer review element meaning the national authorities of different countries can challenge the results published by their fellow regulators.
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