With the US Federal Reserve planning to stress test six US banks against a hypothetical European debt crisis scenario, a key issue on everyone’s minds in the financial industry is that how well would your bank perform if put through a stress test?
Presently, Canadian banks seem to be in a good position and have come through the Global Financial Crisis relatively unscathed.
So, how would your bank perform under a similar stress test?
You may learn how to help your bank make it through a stress test here.