314:
260:
Shareholder lawsuits are expected if banks fail to disclose capital distribution plans and Fed rejections (even if labeled "informal") as the majority of shareholders and prospective shareholders regard bank dividend and share buyback plans, and limits, to be extremely material
254:
The week of private negotiations between the bank and the Fed will allow banks to adjust their request downward to what the Fed will allow. This was specifically designed to allow banks to avoid
209:
486:
500:
20:
This list covers formal bank stress testing programs, as implemented by major regulators worldwide. It does not cover bank proprietary, internal testing programs.
853:
342:
832:
91:
789:
220:
942:
1389:
889:
763:
347:
183:
169:
164:
159:
192:(scenario release: Likely end February 2018 " final methodology will be published as the exercise is launched, at the beginning of 2018,")
81:
1605:
29:
is an analysis of a bank's ability to endure a hypothetical adverse economic scenario. Stress tests became widely used after the
737:
1257:
61:
1615:
1536:
1339:
189:
935:
118:
1222:
1114:
101:
71:
439:
1286:
146:
794:
pwc.com/en_US/us/financial-services/regulatory-services/publications/assets/dodd-frank-act-stress-testing-ccar.pdf
1374:
955:
1232:
1197:
234:
A private conference call was held with banks to notify them of a new, two part information release by the Fed
1202:
678:
656:
642:
628:
614:
1541:
1262:
1247:
1189:
928:
692:
337:
596:
462:
1237:
807:
298:
204:
461:
Australia, corporateName= APRA Australian
Prudential Regulation Authority; jurisdiction=Commonwealth of.
1579:
1481:
1454:
1439:
1207:
1062:
983:
861:
pwc.com/us/en/financial-services/regulatory-services/publications/ccar-stress-testing-results-2015.jhtml
175:
30:
874:
41:
For example, in the U.S. in 2012, an adverse scenario used in stress testing was all of the following:
723:
709:
392:
1610:
1584:
1516:
1506:
1461:
1394:
1227:
978:
251:
March 14, 2013 – the Fed will publicly disclose final decisions on requests for capital distributions
1574:
1531:
1042:
840:
pwc.com/us/en/financial-services/regulatory-services/publications/ccar-summary-2015-basel-iii.jhtml
890:"Goldman Sachs, Morgan Stanley left out of the rally in bank stocks after Fed stress test blunder"
463:"Seeking strength in adversity: Lessons from APRA's 2014 stress test on Australia's largest banks"
1551:
1546:
1526:
1414:
1217:
1175:
1072:
998:
76:
2011 and 2012 stress testing of Japan banks, Financial System
Stability Assessment Update (FSAP)
920:
1429:
1419:
1409:
1364:
1359:
1313:
1309:
1282:
1212:
1129:
1003:
993:
480:
264:
Banks may not follow Fed advice and release capital distribution plans in advance of March 14.
1466:
1384:
1334:
1317:
1242:
1106:
1091:
910:
368:
26:
414:
1501:
1476:
1434:
1424:
1399:
1379:
1369:
1082:
1046:
988:
833:"First take: Ten key points form the 2015 CCAR Guidance and final Capital Plan amendments"
327:
136:
1449:
1305:
1301:
1292:
1160:
1139:
1087:
1077:
1067:
1057:
1026:
1008:
951:
122:
1599:
1556:
1444:
1354:
1344:
1297:
1277:
1170:
1119:
1511:
1496:
1272:
1134:
1095:
914:
319:
808:"Comprehensive Capital Analysis and Review 2014: Assessment Framework and Results"
572:
1561:
1521:
1267:
1252:
1165:
1052:
1030:
1018:
970:
547:
1144:
1124:
1038:
1034:
309:
854:"Ten key points from 2015 Comprehensive Capital Analysis and Review ("CCAR")"
1491:
522:
332:
150:
1349:
1404:
241:
notified of the Fed's tentative decision on capital distribution plans.
875:"Deutsche Bank fails Fed stress test while three U.S. lenders stumble"
1471:
415:"Financial System Stability Assessment Update (FSAP) 2011 and 2012"
1486:
174:
66:
Annual
Industry-Wide Stress Testing exercise (usually around Q1)
924:
842:. PwC Financial Services Regulatory Practice, October, 2014.
764:"Banks Said to Weigh Defying Fed With Dividend Disclosures"
440:"The CBRC held 2012 Large Bank Supervisory Work Conference"
863:. PwC Financial Services Regulatory Practice, March, 2015.
796:. PwC Financial Services Regulatory Practice, April 2014.
738:"Fed, Banks Clashed Over Stress Test Results Release"
724:"2013 Comprehensive Capital Assessment Review (CCAR)"
710:"2012 Comprehensive Capital Assessment Review (CCAR)"
693:"2011 Comprehensive Capital Assessment Review (CCAR)"
244:
Banks receiving a "no" will then have a 48 hours to
131:
2009 Stress and
Scenario Testing Feedback on CP08/24
1327:
1188:
1153:
1105:
1017:
969:
962:
790:"Stress testing:: A look into the Fed's black box"
248:resubmit to the Fed a reduced a distribution plan.
210:2009 Supervisory Capital Assessment Program (SCAP)
548:"Stress and Scenario Testing Feedback on CP08/24"
501:"Stress tests of the New Zealand banking system"
221:Comprehensive Capital Analysis and Review (CCAR)
186:(scenario release: Wednesday 24 February 2016)
936:
8:
485:: CS1 maint: multiple names: authors list (
343:Systemically important financial institution
877:. 28 June 2018 – via www.reuters.com.
966:
943:
929:
921:
92:Australian Prudential Regulation Authority
216:there was no 2010 stress test in the USA
128:2008 Stress and scenario testing CP08/24
359:
478:
256:"embarrassing capital-plan rejections"
86:2011 CARPLES risk indicators framework
523:"Stress and scenario testing CP08/24"
442:. China Banking Regulatory Commission
301:(Portuguese: Banco Central do Brasil)
51:21 percent decline in housing prices.
7:
348:List of systemically important banks
190:2018 European Union bank stress test
184:2016 European Union bank stress test
170:2014 European Union bank stress test
165:2011 European Union bank stress test
160:2010 European Union bank stress test
156:2009 European Union bank stress test
597:"2009 - European Banking Authority"
82:China Banking Regulatory Commission
573:"Stress Testing | Bank of England"
14:
726:. Federal Reserve. 14 March 2013.
712:. Federal Reserve. 13 March 2012.
698:. Federal Reserve. 18 March 2011.
1218:Conditional Value-at-Risk (CVaR)
813:. Federal Reserve. 26 March 2014
312:
48:50 percent drop in equity prices
62:Monetary Authority of Singapore
1537:Strategic financial management
1340:Asset and liability management
553:. Financial Services Authority
528:. Financial Services Authority
237:March 7, 2013 – Banks will be
1:
679:"EU-wide stress testing 2018"
657:"EU-wide stress testing 2016"
645:. European Banking Authority.
643:"EU-wide stress testing 2014"
631:. European Banking Authority.
629:"EU-wide stress testing 2011"
617:. European Banking Authority.
615:"EU-wide stress testing 2010"
503:. Reserve Bank of New Zealand
420:. International Monetary Fund
659:. European Banking Authority
288:Dodd-Frank Act Stress Tests
119:Financial Services Authority
1115:Operational risk management
141:Annual industry stress test
106:2014 major bank stress test
102:Reserve Bank of New Zealand
72:International Monetary Fund
1632:
1287:Proportional hazards model
1238:Interest rate immunization
888:Son, Hugh (28 June 2018).
393:"2012 Stress Test Release"
147:European Banking Authority
45:Unemployment at 13 percent
1570:
956:financial risk management
96:2014 industry stress test
1606:Stress tests (financial)
1233:First-hitting-time model
1198:Arbitrage pricing theory
1542:Stress test (financial)
1248:Modern portfolio theory
577:www.bankofengland.co.uk
338:Stress test (financial)
299:Central Bank of Brazil
205:Federal Reserve System
1616:Banking-related lists
1580:Investment management
1482:Investment management
1208:Replicating portfolio
984:Sovereign credit risk
176:European Central Bank
31:2008 financial crisis
1585:Mathematical finance
1517:Risk-return spectrum
1507:Mathematical finance
1462:Fundamental analysis
1395:Exchange traded fund
979:Consumer credit risk
1575:Financial economics
1532:Statistical finance
1298:Value-at-Risk (VaR)
1203:Black–Scholes model
1043:Holding period risk
1552:Structured product
1547:Structured finance
1527:Speculative attack
1213:Cash flow matching
1176:Non-financial risk
1073:Interest rate risk
999:Concentration risk
742:Dow Jones Newswire
369:"Bank Stress Test"
1593:
1592:
1365:Corporate finance
1360:Capital structure
1314:Cash flow at risk
1310:Liquidity at risk
1283:Survival analysis
1184:
1183:
1130:Reputational risk
1004:Credit derivative
395:. Federal Reserve
1623:
1467:Growth investing
1385:Enterprise value
1335:Asset allocation
1318:Earnings at risk
1300:and extensions (
1243:Market portfolio
1107:Operational risk
1092:Refinancing risk
967:
945:
938:
931:
922:
911:Bank stress test
898:
897:
885:
879:
878:
871:
865:
864:
858:
850:
844:
843:
837:
829:
823:
822:
820:
818:
812:
804:
798:
797:
786:
780:
779:
777:
775:
760:
754:
753:
751:
749:
734:
728:
727:
720:
714:
713:
706:
700:
699:
697:
689:
683:
682:
675:
669:
668:
666:
664:
653:
647:
646:
639:
633:
632:
625:
619:
618:
611:
605:
604:
593:
587:
586:
584:
583:
569:
563:
562:
560:
558:
552:
544:
538:
537:
535:
533:
527:
519:
513:
512:
510:
508:
497:
491:
490:
484:
476:
474:
473:
458:
452:
451:
449:
447:
436:
430:
429:
427:
425:
419:
411:
405:
404:
402:
400:
389:
383:
382:
380:
379:
364:
322:
317:
316:
315:
27:bank stress test
1631:
1630:
1626:
1625:
1624:
1622:
1621:
1620:
1596:
1595:
1594:
1589:
1566:
1502:Systematic risk
1400:Expected return
1380:Economic bubble
1375:Diversification
1370:Cost of capital
1323:
1180:
1149:
1101:
1083:Volatility risk
1047:Price area risk
1013:
989:Settlement risk
958:
949:
907:
905:Further reading
902:
901:
887:
886:
882:
873:
872:
868:
856:
852:
851:
847:
835:
831:
830:
826:
816:
814:
810:
806:
805:
801:
788:
787:
783:
773:
771:
762:
761:
757:
747:
745:
744:. March 5, 2013
736:
735:
731:
722:
721:
717:
708:
707:
703:
695:
691:
690:
686:
677:
676:
672:
662:
660:
655:
654:
650:
641:
640:
636:
627:
626:
622:
613:
612:
608:
595:
594:
590:
581:
579:
571:
570:
566:
556:
554:
550:
546:
545:
541:
531:
529:
525:
521:
520:
516:
506:
504:
499:
498:
494:
477:
471:
469:
467:www.apra.gov.au
460:
459:
455:
445:
443:
438:
437:
433:
423:
421:
417:
413:
412:
408:
398:
396:
391:
390:
386:
377:
375:
366:
365:
361:
356:
328:Bank regulation
318:
313:
311:
308:
201:
137:Bank of England
115:
58:
39:
12:
11:
5:
1629:
1627:
1619:
1618:
1613:
1608:
1598:
1597:
1591:
1590:
1588:
1587:
1582:
1577:
1571:
1568:
1567:
1565:
1564:
1559:
1554:
1549:
1544:
1539:
1534:
1529:
1524:
1519:
1514:
1509:
1504:
1499:
1494:
1489:
1484:
1479:
1474:
1469:
1464:
1459:
1458:
1457:
1452:
1447:
1442:
1437:
1432:
1427:
1422:
1417:
1412:
1402:
1397:
1392:
1387:
1382:
1377:
1372:
1367:
1362:
1357:
1352:
1347:
1342:
1337:
1331:
1329:
1328:Basic concepts
1325:
1324:
1322:
1321:
1306:Margin at risk
1302:Profit at risk
1295:
1293:Tracking error
1290:
1280:
1275:
1270:
1265:
1263:Risk-free rate
1260:
1255:
1250:
1245:
1240:
1235:
1230:
1225:
1220:
1215:
1210:
1205:
1200:
1194:
1192:
1186:
1185:
1182:
1181:
1179:
1178:
1173:
1168:
1163:
1161:Execution risk
1157:
1155:
1151:
1150:
1148:
1147:
1142:
1140:Political risk
1137:
1132:
1127:
1122:
1117:
1111:
1109:
1103:
1102:
1100:
1099:
1088:Liquidity risk
1085:
1080:
1078:Inflation risk
1075:
1070:
1068:Margining risk
1065:
1060:
1058:Valuation risk
1055:
1050:
1027:Commodity risk
1023:
1021:
1015:
1014:
1012:
1011:
1009:Securitization
1006:
1001:
996:
991:
986:
981:
975:
973:
964:
960:
959:
952:Financial risk
950:
948:
947:
940:
933:
925:
919:
918:
906:
903:
900:
899:
880:
866:
845:
824:
799:
781:
770:. 7 March 2013
755:
729:
715:
701:
684:
670:
648:
634:
620:
606:
588:
564:
539:
514:
492:
453:
431:
406:
384:
358:
357:
355:
352:
351:
350:
345:
340:
335:
330:
324:
323:
307:
304:
303:
302:
296:
295:
294:
293:
292:
286:
285:
284:
281:
278:
275:
272:
269:
268:
267:
266:
265:
262:
258:
252:
249:
242:
229:
226:
218:
212:
200:
197:
196:
195:
194:
193:
187:
181:
180:
179:
167:
162:
157:
144:
143:
142:
134:
133:
132:
129:
114:
111:
110:
109:
108:
107:
99:
98:
97:
89:
88:
87:
79:
78:
77:
69:
68:
67:
57:
54:
53:
52:
49:
46:
38:
35:
23:
22:
13:
10:
9:
6:
4:
3:
2:
1628:
1617:
1614:
1612:
1609:
1607:
1604:
1603:
1601:
1586:
1583:
1581:
1578:
1576:
1573:
1572:
1569:
1563:
1560:
1558:
1557:Systemic risk
1555:
1553:
1550:
1548:
1545:
1543:
1540:
1538:
1535:
1533:
1530:
1528:
1525:
1523:
1520:
1518:
1515:
1513:
1510:
1508:
1505:
1503:
1500:
1498:
1495:
1493:
1490:
1488:
1485:
1483:
1480:
1478:
1475:
1473:
1470:
1468:
1465:
1463:
1460:
1456:
1453:
1451:
1448:
1446:
1443:
1441:
1438:
1436:
1433:
1431:
1428:
1426:
1423:
1421:
1418:
1416:
1413:
1411:
1408:
1407:
1406:
1403:
1401:
1398:
1396:
1393:
1391:
1388:
1386:
1383:
1381:
1378:
1376:
1373:
1371:
1368:
1366:
1363:
1361:
1358:
1356:
1355:Capital asset
1353:
1351:
1348:
1346:
1345:Asset pricing
1343:
1341:
1338:
1336:
1333:
1332:
1330:
1326:
1319:
1315:
1311:
1307:
1303:
1299:
1296:
1294:
1291:
1288:
1284:
1281:
1279:
1278:Sortino ratio
1276:
1274:
1271:
1269:
1266:
1264:
1261:
1259:
1256:
1254:
1251:
1249:
1246:
1244:
1241:
1239:
1236:
1234:
1231:
1229:
1226:
1224:
1221:
1219:
1216:
1214:
1211:
1209:
1206:
1204:
1201:
1199:
1196:
1195:
1193:
1191:
1187:
1177:
1174:
1172:
1171:Systemic risk
1169:
1167:
1164:
1162:
1159:
1158:
1156:
1152:
1146:
1143:
1141:
1138:
1136:
1133:
1131:
1128:
1126:
1123:
1121:
1120:Business risk
1118:
1116:
1113:
1112:
1110:
1108:
1104:
1097:
1093:
1089:
1086:
1084:
1081:
1079:
1076:
1074:
1071:
1069:
1066:
1064:
1061:
1059:
1056:
1054:
1051:
1048:
1044:
1040:
1036:
1032:
1028:
1025:
1024:
1022:
1020:
1016:
1010:
1007:
1005:
1002:
1000:
997:
995:
992:
990:
987:
985:
982:
980:
977:
976:
974:
972:
968:
965:
961:
957:
953:
946:
941:
939:
934:
932:
927:
926:
923:
916:
912:
909:
908:
904:
895:
891:
884:
881:
876:
870:
867:
862:
855:
849:
846:
841:
834:
828:
825:
809:
803:
800:
795:
791:
785:
782:
769:
765:
759:
756:
743:
739:
733:
730:
725:
719:
716:
711:
705:
702:
694:
688:
685:
680:
674:
671:
658:
652:
649:
644:
638:
635:
630:
624:
621:
616:
610:
607:
602:
601:eba.europa.eu
598:
592:
589:
578:
574:
568:
565:
549:
543:
540:
524:
518:
515:
502:
496:
493:
488:
482:
468:
464:
457:
454:
441:
435:
432:
416:
410:
407:
394:
388:
385:
374:
370:
367:Segal, Troy.
363:
360:
353:
349:
346:
344:
341:
339:
336:
334:
331:
329:
326:
325:
321:
310:
305:
300:
297:
290:
289:
287:
282:
279:
276:
273:
270:
263:
259:
257:
253:
250:
247:
243:
240:
236:
235:
233:
232:
230:
227:
224:
223:
222:
219:
217:
213:
211:
208:
207:
206:
203:
202:
198:
191:
188:
185:
182:
177:
173:
172:
171:
168:
166:
163:
161:
158:
155:
154:
152:
148:
145:
140:
139:
138:
135:
130:
127:
126:
124:
120:
117:
116:
112:
105:
104:
103:
100:
95:
94:
93:
90:
85:
84:
83:
80:
75:
74:
73:
70:
65:
64:
63:
60:
59:
55:
50:
47:
44:
43:
42:
36:
34:
32:
28:
21:
18:
17:
16:
1512:Moral hazard
1497:Risk of ruin
1273:Sharpe ratio
1135:Country risk
1096:Deposit risk
994:Default risk
915:Investopedia
893:
883:
869:
860:
848:
839:
827:
815:. Retrieved
802:
793:
784:
772:. Retrieved
767:
758:
746:. Retrieved
741:
732:
718:
704:
687:
673:
661:. Retrieved
651:
637:
623:
609:
600:
591:
580:. Retrieved
576:
567:
555:. Retrieved
542:
530:. Retrieved
517:
507:23 September
505:. Retrieved
495:
470:. Retrieved
466:
456:
444:. Retrieved
434:
422:. Retrieved
409:
397:. Retrieved
387:
376:. Retrieved
373:Investopedia
372:
362:
320:Banks portal
261:information.
255:
245:
238:
215:
40:
24:
19:
15:
1611:Market risk
1562:Toxic asset
1522:Speculation
1455:social work
1440:engineering
1268:Risk parity
1253:Omega ratio
1166:Profit risk
1053:Equity risk
1031:Volume risk
1019:Market risk
971:Credit risk
663:11 November
557:23 February
532:23 February
446:23 February
424:23 February
399:23 February
1600:Categories
1145:Legal risk
1125:Model risk
1039:Shape risk
1035:Basis risk
963:Categories
582:2022-03-09
472:2016-01-18
378:2021-02-07
354:References
1492:Risk pool
1405:Financial
768:Bloomberg
333:Basel III
291:2013-2018
246:privately
239:privately
151:euro area
1415:analysis
1350:Bad debt
1228:Drawdown
1190:Modeling
817:23 April
481:cite web
306:See also
199:Americas
1430:betting
1420:analyst
1410:adviser
1063:FX risk
774:7 March
748:7 March
37:Example
1472:Hazard
1223:Copula
1090:(e.g.
1029:(e.g.
214:Note:
113:Europe
1477:Hedge
1435:crime
1425:asset
1258:RAROC
1154:Other
857:(PDF)
836:(PDF)
811:(PDF)
696:(PDF)
551:(PDF)
526:(PDF)
418:(PDF)
231:2013
1487:Risk
1450:risk
954:and
894:CNBC
819:2014
776:2013
750:2013
665:2015
559:2013
534:2013
509:2017
487:link
448:2013
426:2013
401:2013
283:2018
280:2017
277:2016
274:2015
271:2014
228:2012
225:2011
56:Asia
1445:law
1390:ESG
913:at
1602::
1316:,
1312:,
1308:,
1304:,
1094:,
1045:,
1041:,
1037:,
1033:,
892:.
859:.
838:.
792:.
766:.
740:.
599:.
575:.
483:}}
479:{{
465:.
371:.
153:)
125:)
123:UK
33:.
25:A
1320:)
1289:)
1285:(
1098:)
1049:)
944:e
937:t
930:v
917:.
896:.
821:.
778:.
752:.
681:.
667:.
603:.
585:.
561:.
536:.
511:.
489:)
475:.
450:.
428:.
403:.
381:.
178:.
149:(
121:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.