Banking's Final Exam
Stress Testing and Bank-Capital Reform
Spurred by the success of the first stress test of US banks toward the end of the global economic crisis in 2009, stress testing of large financial institutions has become the cornerstone of banking supervision worldwide. The aim of the tests is to determine which banks are adequately capitalized under severe economic shocks and to order corrective measures for those that are vulnerable. In Banking's Final Exam, one of the world's leading experts on banking regulation concludes that the tests administered on both sides of the Atlantic suffer from fundamental weaknesses, leading to a false sense of reassurance about the safety and soundness of…
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Produktdetails
- ISBN: 978-0-88132-706-9
- EAN: 9780881327069
- Produktnummer: 24070567
- Verlag: Peterson Institute for International Economics
- Sprache: Englisch
- Erscheinungsjahr: 2017
- Plattform: EPUB
- Masse: 10'950 KB
Über den Autor
Morris Goldstein
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