Stress test methodology hammered as unrealistic

26 Jul 2010

FIG market participants criticised the methodology behind Friday’s stress tests, saying it lacked credibility and underplayed key factors such as a double dip recession .

Some complained that haircuts were only applied to sovereign bonds held in bank’s trading accounts, and not in the bank books, while others thought assumptions on macroeconomic changes were not realistic.

“The Spanish results were marginally positive, but the unemployment stress figures were rubbish and the residential property ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data