Fed defies coronavirus to push ahead with stress test

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

 businessman juggling - Getty.jpg
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 distancing and staff absences have moved some lobby groups to question the value of hypothetical stress

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here