Last week, the Federal Reserve released the results of its annual stress tests on the 22 largest US banks.
Elefant indeed. Everyone knows the risks and we still play the game until the fat lady sings
Exactly this. And as you mentioned here a few days ago, this could also explain why banks extend loans to NBFIs like crazy, precisely in an attempt to avoid spillovers.
Elefant indeed. Everyone knows the risks and we still play the game until the fat lady sings
Exactly this. And as you mentioned here a few days ago, this could also explain why banks extend loans to NBFIs like crazy, precisely in an attempt to avoid spillovers.