Stress testing of banks and policy implications
Recent stress tests, while admittedly not perfect, have proven useful to bring a degree of clarity over banks’ portfolio quality. When backed by credible financing plans, the tests have helped confidence in battered banking sectors. In Europe two major regional …
In defense of foreign banks
‘Banker’ has recently become somewhat of a dirty word and ‘foreign banker’ a most reviled sub-species. Over the last months foreign banks have, amongst other things, been accused of abandoning some of the emerging markets that have contributed so much …





