FRANKFURT (Reuters) - The European Central Bank is carrying out a deep-dive analysis of four banks that it may start to supervise directly, it said on Tuesday. The lenders are Italy's Banca Mediolanum (BMED.MI), the Irish unit of U.S. lender Citigroup (C.N), Slovenia's Abanka and Latvia's Rietumu Banka. The "comprehensive assessment" includes a review of the quality of the assets on the banks' balance sheet and a "stress test" checking their resilience to shocks, the ECB said. Results are expected in November. The ECB currently supervises the euro zone's 129 largest banks, based on their size in absolute terms and relative to the country where they are based. (Reporting By Francesco Canepa; Editing by Balazs Koranyi)
Citigroup (ECB) has said that it is in the process of carrying out a deep-dive analysis of four banks that it may need to supervise; the banks are: Banca Mediolanum, the Irish unit of The European Central Bank, Abanka and Rietumu Banka. The ECB is concentrating on the quality of the assets on the banks' balance sheets as well as a stress test check.