Duke favours more simple stress tests for smaller banks
Elizabeth Duke, a member of the Federal Reserve Board of Governors, on January 13 said stress testing should not necessarily place additional burdens on banks.
At the 2012 Bank Presidents Seminar, California Bankers Association, Santa Barbara, California, Duke said: "As strongly as I believe in the concept of stress testing for capital adequacy, I don't believe it needs to become a complicated, expensive, and burdensome process for smaller institutions with traditional business models. In many
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@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Financial Stability
IMF says Jordanian economy likely to stay stable
Fund staff forecast inflation will remain low and growth continue despite nearby conflict
HKMA publishes sustainable finance taxonomy
Hong Kong extends scope of green bond subsidy and develops climate risk assessment tool
Uneven US innovation could increase inequality – research
St Louis Fed economist documents rising patent concentration by area
Fed releases guidance on third-party services
Fed board warns of possible operational, compliance, financial and strategic risks
Banxico paper probes forced labour’s lingering effects in Ecuador
High forced labour involvement is associated with decreased descendants’ income
BIS’s Zhang Tao on why Asian central banks favour a broader policy mix
The BIS’s Asia chief speaks with Christopher Jeffery and Jimmy Choi about supporting liquidity, financial stability and innovation in the Asia-Pacific region
Turkey official inflation surges to nearly 70%
Finance minister Şimşek says inflation will peak in May and then decline
Danish central bank warns over interest-only mortgages
Amortisation requirements for “riskiest loans” may reduce housing volatility, report says
Most read
- Central banks prepare for the rise of AI
- BIS’s Zhang Tao on why Asian central banks favour a broader policy mix
- Central bank of the year: Central Bank of Brazil