Chavez: Post-crisis stress testing made the banking system significantly safer
Marty Chavez · Marty Chavez (Sixth Street): Finding a Single Source of AI Truth · Apr 30, 2024 · at 19:08
Marty Chavez, former Goldman Sachs CIO/CFO and vice chairman at Sixth Street, discusses the impact of post-2008 Dodd-Frank DFAST regulations linking stress test simulations to bank capital distribution.
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“So this, that caused a massive change and made the system massively safer and sounder. We saw that in the pandemic.”
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