Insight replaces Market-Talk.co.uk - 
A stress testing exercise has found that only seven out of 91 banks surveyed would see a fall in Tier 1 capital ratios below a six per cent limit set for their resilience to financial shocks.
This is according to a study by the Committee of European Banking Supervisors (CEBS), which suggested fluctuations could affect institutions in the region, potentially causing changes in the supply and demand of finance jobs.
Covering the whole of the European Union (EU), the exercise took place in collaboration with a number of EU bodies and was intended to assess the resilience of the current system while identify existing weaknesses within banks in case of adverse economic developments on the continent, such as possible credit or market shocks.
Information gathered will be used to inform future policies and reduce the exposure of institutions to risk, which could generate additional finance employment opportunities.
In related news, those in finance jobs may welcome the launch by chancellor George Osborne of the Office for Tax Simplification, which is intended to simplify the current system, particularly for small businesses.
Insight from Badenoch & Clark is here to help you make informed career and recruitment decisions. If you need help with a particular challenge, just ask. Contact us or check our latest banking and financial services jobs.
