whether banks are sufficiently resilient to stress effects, which can arise if the economy suffers an unexpected downturn, for … example. This might coincide with system-wide deleveraging if banks are insufficiently resilient. Systemwide deleveraging, in … take multiple first-round scenarios into account. The sequence comprises (i) the loss-absorbing capacity of banks in the …

The rise in interest rate levels in 2022 led to large losses in German banks' bond portfolios. The resulting unrealised … results show how quickly the losses incurred by banks can likely be offset and how quickly risks arising from unrealised …