This is it seems a normal thing to do in ECB,Four of the continent’s 10 biggest banks by assets don’t quantify loans they renegotiate, company filings show. Less than one-third of 39 major lenders disclose what the European Securities and Markets Authority calls “clear quantitative information.” None of the firms that publish figures, including Deutsche Bank AG and Intesa Sanpaolo SpA , reveal as much as U.S Banks like Wells fargo or JP Morgan.
The ECB has asked the euro area’s 128 largest banks to provide unprecedented detail about their lending as part of a review that will determine whether firms are giving borrowers easier payment terms to avoid showing loans as defaulted. Europe’s political leaders, seeking to avoid a repeat of taxpayer-funded bailouts during the 2008 financial crisis, asked the central bank to take responsibility for regulating the biggest lenders from national watchdogs.
Now it seems that the ECB has woken up to this manipulation of data and it does make one wonder if all the data we get really gives the true picture, and what else is hidden by the Banksters. (Gangsters + Bankers = Banksters)