An international survey of stress tests

Fender, Ingo; Gibson, Michael S.; Mosser, Patricia C.

Journal Article

An international survey of stress tests

Abstract: In the summer of 2000, central banks from the Group of Ten countries surveyed large international banks about their use of stress tests_a risk management tool that measures a firm's exposure to extreme movements in asset prices. The survey findings highlight the risks that most concern financial institutions and clarify how these institutions use stress tests in their overall risk management programs.

Keywords: Risk management; Financial services industry; Risk assessment;