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.
The ECB hopes to restore market confidence in the financial condition of eurozone banks by conducting a "comprehensive assessment," including a stress test, of 130 of the largest ones ...
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 ...