Description:In the wake of the global economic and financial crisis, bank supervisors in the United States and the European Union carried out a set of "stress tests" over the 2009-15 period. The objective was to determine which banks could survive severely adverse economic scenarios and to order corrective measures for vulnerable institutions. How effective was this exercise? 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 suffered from several fundamental weaknesses that, unless corrected, can produce a false reassurance about the safety and soundness of the banking system. The author recommends a number of important steps for the future design and conduct of these tests, arguing that they are needed if stress testing is to become the central pillar of bank supervision worldwide. The banking industry is likely to resist these steps as harmful, but this book explains why their argument does not hold water.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Banking's Final Exam: Stress Testing and Bank-Capital Reform (Policy Analyses in International Economics). To get started finding Banking's Final Exam: Stress Testing and Bank-Capital Reform (Policy Analyses in International Economics), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
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0881327069
Banking's Final Exam: Stress Testing and Bank-Capital Reform (Policy Analyses in International Economics)
Description: In the wake of the global economic and financial crisis, bank supervisors in the United States and the European Union carried out a set of "stress tests" over the 2009-15 period. The objective was to determine which banks could survive severely adverse economic scenarios and to order corrective measures for vulnerable institutions. How effective was this exercise? 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 suffered from several fundamental weaknesses that, unless corrected, can produce a false reassurance about the safety and soundness of the banking system. The author recommends a number of important steps for the future design and conduct of these tests, arguing that they are needed if stress testing is to become the central pillar of bank supervision worldwide. The banking industry is likely to resist these steps as harmful, but this book explains why their argument does not hold water.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Banking's Final Exam: Stress Testing and Bank-Capital Reform (Policy Analyses in International Economics). To get started finding Banking's Final Exam: Stress Testing and Bank-Capital Reform (Policy Analyses in International Economics), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.