A member of the ECB Supervisory Board, said that while this year's regulatory checks on banks had focussed on capital levels, ECB supervisors would now look at "the roots of the problems".
"This has to do with business models, the business context, corporate governance, banks' internal control systems, the management of credit risk and operational risk," Ignazio Angeloni said in a speech at a banking conference in Rome.
"We also have to consider that in many cases the shortfall is just the tip of the iceberg," he said.
After subjecting European banks to year-long "stress tests" of their balance sheets, the ECB is now planning a deeper examination to see whether their businesses are sufficiently profitable, efficient and well-run.
Thirteen banks, including four in Italy, failed the ECB tests - whose results were published at the end of October - and need to fill a total 9.5-billion euro capital hole, although some have already taken measures to plug the deficit.
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