On Friday, the Federal Reserve issued a white paper outlining the methodology behind the stress tests that examiners used to assess the ability of the 19 largest U.S. banks to cope with baseline and “worse case” macroeconomic scenarios for 2009 and 2010. They will make the findings of the stress ...

Further to a story on Barclays Bank plc published in the April 13, 2009 print edition of the magazine, Barclays  has confirmed it has passed a stress test of its finances administered by the United Kingdom's Financial Services Authority. Barclays stock soared on the news, rising to a 2009 high ...

A committee chaired by Wall Street honchos has recommended more rigorous procedures for minimizing systemic risk in derivatives markets -- and unlike two previous rounds of recommendations, will likely see substantial adoption thanks to the atmosphere provided by the current financial crisis. So writes Robert Cyran on breakingviews.com.