NEW YORK--(BUSINESS WIRE)--Invictus Consulting Group, an independent bank strategic consulting firm and a national leader in stress testing, has launched a discussion group on the LinkedIn professional networking site focusing on bank capital stress testing applications and regulatory capital issues.
The group, called Stress Testing and Capital Planning, is designed for bank CEOs and directors to discuss and learn about capital stress testing issues. The group launched recently and has about 130 members from banks, the regulatory agencies and other firms.
The group promotes information sharing on stress testing applications and best practices, said Lisa Getter, Managing Director of Communications at Invictus. Getter will moderate discussions and content sharing within the group.
“Capital stress testing is an essential new tool for all banks, even those not required to use it. Regulators are beginning to emphasize it as a best practice for community banks,” Getter said. “We have found that smart CEOs are integrating stress testing into their strategic planning. It is also an invaluable new M&A due diligence analytic. The group will enable bankers, regulators and peers to exchange ideas and network.”
Invictus Consulting Group LLC (www.invictusgrp.com) is an independent bank financial risk management and advisory firm that has been conducting stress tests on every bank in the U.S. since the recession. Invictus’ proprietary bank analytics, strategic consulting and capital adequacy planning services, including stress testing, are used by banks, regulators, investors and D&O insurers across the U.S.