Tag: CCARS

Stress Testing The Severity of Coronavirus

The Corona Credit Shock

The Coronavirus is simultaneously disrupting supply and demand in the world economy.  The shock to the economy will have a profound effect on the US economy, and community banks will not be immune from this disruption.   It appears that a global recession is inevitable, but the full extent of damage to the banking industry is unclear.  However, there are some troubling signs that many banks may be unprepared for the severity and length of this recession and the exten

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