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Below are edited excerpts from a conversation with Mr. Kepnes on which bank accounts and credit cards help you stick to your budget.
He would not give his name, nor would he say on which bank of the East River he made his home.
He called the next morning with specific instructions on which bank to rob and how: the joke was now a plan.
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There he advised the financial titans George F. Baker and J. P. Morgan on which banks to save in the Panic of 1907.
The market will take its cues from this stress-testing, and make its own bets on which banks will survive.
No figures, of course, on the scale of the fresh capital the banks would need to raise (more than €100bn), nor details on which banks are affected.
The more sophisticated of these is known as A-IRB.All this requires a lot of data to be collected and processed, on which banks have already started.
Information was incomplete on which banks might have issued the swaps and could be vulnerable to losses, creating an extra element of risk.
Royal wedding, birth of a royal, birth of Jesus – in fact all births, all deaths, all days on which banks are not open, Tube strikes.
But even ahead of the stress test, investors already appear to be rendering verdicts on which banks will emerge as survivors.
"We plan to put an even greater focus on which banks are cooperating with our best practices and those that are not.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com