Standard Chartered could be stressed

Standard Chartered Shanghai Towers

The Bank of England will this week reveal a tougher set of stress tests for the nation’s banks that could put Standard Chartered under pressure to raise capital and place more lenders under scrutiny.

The Daily Telegraph reports that on Monday morning, the Bank will unveil the doomsday scenario that banks must show they are able to endure, which is likely to include an emerging markets crash and may model a slump in commodity prices.

As well as a more testing stress scenario, the criteria for passing the tests are expected to be tougher, potentially scrutinising different measures of bank resilience and the banks’ forecasting models.

To access the complete Daily Telegraph article hit the link below:

Banks brace for new doomsday tests

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