Bank stress tests are essential, Capital One CFO says

04/1/2011 |

Gary Perlin, chief financial officer at Capital One Financial, said that capital management at banks requires stress testing, but he said disclosing too much information about the results can be harmful. "Without stress testing, we will be lulled into thinking that things are fine at just the moment where banks need to start taking actions to react accordingly," Perlin said.

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