Thursday, July 22, 2010

Tracking The World Economy... - 22/7/2010

European Bank Stress Tests Said To Describe Three Scenarios

European regulators plan to release three detail scenarios when they publish the results of their stress tests on the region’s banks on 23 July, according to a template prepared by the Committee of European Banking Supervisors (CEBS) for the banks and obtained by Bloomberg News. According to the document, banks will publish their estimated Tier 1 capital ratios under a benchmark for 2011, an adverse scenario and a third test that includes sovereign shock. In the last scenario, banks will publish their estimated losses on sovereign debt they hold in their trading book as well as additional impairment losses on the banking book that they may suffer after a sovereign debt crisis.

Tracking The World Economy... - 22/7/2010

No comments:

Post a Comment