| Updated:
German lenders expected to fail EU stress tests
TWO German public-sector lenders are set to fail European stress tests, should they be unable to find a way round new rules on core capital ratios.
NordLB and Helaba survived the financial crisis without state aid, yet hold low levels of capital once special subordinated debt they hold is discounted.
The banks must restructure their debts by the end of April, although there are doubts as to whether they will be able to do so.