Cutting edge introduction

A popular copula

The July stress test of Europe’s banks by the European Banking Authority (EBA) has come in for a fair amount of criticism. Some gripe that the scenarios were overly lenient, while risk managers complain the idiosyncrasies of credit modelling mean the results are not comparable from one institution to the next (Risk June 2011, page 12).

Another quibble – at the more specific end of the spectrum – comes from a quantitative analyst at one European bank, who takes aim at the stress test’s approach

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

If you already have an account, please sign in here.

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: