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Fitch Criticizes European Stress Tests
Politics ♦
Published: February 6, 2014; 13:56 ♦ (Vindobona)
The rating agency argues that there is still a lack in technical details. Regarding the robustness of the stress tests, Fitch demonstrates skepticism.
Fitch Criticizes European Stress Tests / Picture: © Vindobona.org
The European Banking Authority has raised the capital hurdle for its European-wide bank stress test this year, but the robustness of the exercise will depend on final methodology and scenarios, and how regulators apply certain discretions, Fitch Ratings says.
“We expect additional capital needs to emerge from the stress test, but these are impossible to quantify at this…
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