“Banks have an inherent incentive to reduce their projected losses in the adverse scenario and, in turn, influence their ...

The European Banking Authority said on Monday it would assess how European banks would react to a hypothetical spiralling of ...

A global effort by central banks to join the fight against climate change has hit a major hurdle with the U.S. Federal ...

Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic crises, using hypothetical scenarios such as when the unemployment rate ...

ECB stress tests will gauge "how extreme weather events would affect banks" and how their business would be affected by a "sharp" rise in the price of carbon as a result of new environmental rules.

In parallel, the ECB will conduct its own stress tests on a group of banks that are not covered by the EBA. The EBA said it would test the banks' resilience to a worst-case scenario in which ...