Sai Sireesh: Stress Testing – Measuring Systemic Risk Across the Globe

Last year, the European Union was exploring a Systemic Risk Council to better manage risks. A small, but significant step towards a consolidated EU Systemic Risk management is the recent round of Stress Tests in EU. As we know, the American banks underwent a similar stress testing exercise early in 2009. Ten of 19 large US banks were…

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Sai Sireesh: Pro-active Systemic Risk Mitigation by German Regulator BaFin

There is increased speculation against euro over concerns of euro zone sovereign debt levels triggered by the Greek debt refinancing crisis.  The euro has already hit a four year low of $1.2209.  As expected and predicted in one of my earlier blogs, this crisis is forcing the shift much more aggressively towards water tight regulation mode…

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