European Banking Stress Test Features Mild ‘Adverse Scenario’
The Committee of European Banking Supervisors (CEBS) released the much anticipated results of the EU wide banking stress test exercise this afternoon. Seven banks failed the stress test and will require a combined total of €3.5 billion of new capital ...
Kansas City Fed President Hoenig Offers Alternative to “Too Big to Fail”
At a time when most government officials in the executive branch and at the Federal Reserve continue to support the "bail out" approach, Thomas M. Hoenig, President of the Kansas City Federal Reserve bank and a voting member of the ...
Warren Buffett’s Comments on Wells Fargo Have Important Stress Test Implications
The financial markets appear to be on edge this week ahead of the government's release of the methodology for "stress testing" the top banks which is set to be issued on Friday, April 24. Much of the attention has centered ...