ECB plans to give banks just 48 hours to review health check results

The ECB wants to give banks just 48 hours to review the results of a balance sheet health check so it can guard against data leaks.

The ECB is carrying out the most detailed ever review of the eurozone’s 128 largest banks before it becomes the region’s financial supervisor in November.

Its aim is to restore confidence in a banking sector that has traded at lower valuations than its US counterpart since the financial crisis due to uncertainty about the health of balance sheets.