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Fed defies coronavirus to push ahead with stress test

US diverges from Europe and forces banks to juggle CCAR with real-life operational burden

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How can banks juggle stress-testing and current operational challenges amid coronavirus shock?

The US Federal Reserve is pressing ahead with its annual comprehensive capital analysis and review (CCAR) stress test, even as its counterparts in the European Union and UK cancel theirs in response to the global crisis triggered by the Covid-19 pandemic.

Concerns over market volatility, plummeting and unpredictable macro indicators, and unprecedented operational burdens caused by social

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