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Report: Majority of banks concerned about stress-testing

More than 60% of banks globally believe that stress-testing is a “core risk”, according to a report. The report, compiled by FICO, surveyed 103 risk management professionals globally. The report also found that 83% of banks in Asia Pacific said that Basel III is impacting capital adequacy methods and practices “to a great extent” -32% higher than the global average. Dan McConaghy, president…

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