Bank stress test is mainly used in order to ascertain the stability of the given institution, in this aspect, the bank. Bank stress test involves testing the entire banking system beyond its operational capacity to the extreme up to the breaking point in an effort to monitor the results and therefore the overall stability of the bank.
How to Profit From Hungary's Downgrade to Junk Status
After having its credit rating lowered to junk status, Hungary is the latest European country to see its borrowing costs climb higher.
The country was downgraded by Moody's Investors Service from Baa3 to Ba1 with a negative outlook a week after it had to ask the International Monetary Fund ("IMF") for help.
The Quiet Revolution: Latin America Moving Away from Washington’s Influence
Perhaps the biggest foreign-policy story of the past decade, thoroughly overlooked by the American media after 9/11 and its subsequent monomaniacal focus on terrorism, security and the wars in Iraq and Afghanistan, is the fact that Latin America has essentially moved away from Washington's influence.
How to Profit from Passage of Greek Austerity Measures
It looks as though Greece will avoid plunging the international financial system into turmoil, as the Greek Parliament is preparing for a second vote on austerity measures that the European Union (EU) demanded in order for Greece to receive the next installment of the 110 billion euro bailout that the European Union and the International Monetary Fund provided to Greece last year.
The International Monetary Fund’s backing for the UK government’s deficit-cutting plans appeared to endorse chancellor George Osborne’s drastic cuts, last week.
The scale and speed of measures to reduce the public deficit have drawn criticism from the opposition and coalition partners in the slower economic growth environment.
Former IMF chief Strauss-Kahn: The portrait of a paradox
Swiss Finish Sets New Standard for Global Bank Regulation
The euro continues to show some weakness against its major peers like the dollar and yen as concerns that some of the euro zone nations may dump the use of the currency build up. The European Central Bank, as we know, cannot extend its hand solely to a single country since it was tasked to monitor and regulate the financial system of the entire euro zone.