European Central Bank's Financial Stability Committee Working Group on Stress Testing (WGST). Over a four-year period, the WGST … played a pivotal role in refining stress-testing practices, promoting collaboration among central banks and supervisory …

Regional German savings and cooperative banks approved and advanced loans to companies during the financial crisis …, while large banks cut back on lending. Given its ability to mitigate credit crunches, Germany’s regional banking system is … considered a role model. This textbook debates the variations in banking systems (many small banks vs. a few large banks) and …