(Source: By Peter Levring and Frances Schwartzkopf) – Denmark’s banks, which are grappling with the fallout of Europe’s toughest resolution laws, will probably pass European stress tests even after failures sent the industry’s funding costs higher, the $80 billion ATP fund said.“I don’t expect any of the Danish banks being stress tested to cause any problems,” Torben Sand, who oversees 25 billion kroner ($4.7 billion) at the equity unit of the Hilleroed, Denmark-based pension fund, said in a phone interview yesterday.

Source: By Peter Levring and Frances Schwartzkopf

Jul 13, 2011 12:29 AM PT

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