Stress Tests will stick around for Big-belly Banks
Mohammed Nasser Barakat
Latest posts by Mohammed Nasser Barakat (see all)
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Within months of the financial downturn, regulators began to fortify the financial sector with stress testing. It opened eyes in Wall Street, and many “too big to fail” banks, to perils only they had invited. Initially, regulators faced heavy criticism for the objective and purpose of stress testing. However, Critics are now changing their opinions…