Re:How deep is the rot in America’s banking industry?
by JumpCrisscross on Thursday March 16, 2023 @07:37PM
(#35190526)
> Why is it so hard for banks to do a stress test?
They're super involved, requiring a full-time department to prepare for and run. That's a multi-million dollar recurring expense a bank with tens of millions of dollars of profit may not be able to afford.
They're super involved, requiring a full-time department to prepare for and run. That's a multi-million dollar recurring expense a bank with tens of millions of dollars of profit may not be able to afford.