CBDCs are coming 18 July 2023 5:18AM Latest news John Kavanagh There could be as many as 15 retail central bank digital currencies and nine wholesale CBDCs in operation by 2030, the Bank for International Settlements says. read more
Call for tighter supervision of banks' liquidity positions 17 May 2023 5:54AM Latest news John Kavanagh Bank regulators may be called upon to adopt a more interventionist supervisory approach to assessing banks’ liquidity positions in the wake of the failure of banks that were reliant on unstable fundin.. read more
Bank regulators mull climate-related macroprudential policy 14 April 2023 5:46AM Latest news John Kavanagh Macroprudential instruments that bank regulators might deploy to deal with climate-related risks to the financial system include capping “dirty exposures”, limiting debt service-to-income ratios for c.. read more
Scrawny bank buffers as Australia wanders 16 June 2020 6:10AM Latest news Ian Rogers The BIS ponder red-hot risks in long global banking report: How are household finances holding up against the Covid-19 shock? The spotlight thrown on Australia confirms there is wealth to shred and th.. read more
Lowe takes on global bank stress 25 June 2018 3:56PM Finance regulation Ian Rogers Philip Lowe, governor of the Reserve Bank of Australia, has an additional job as chair of the Committee on the Global Financial System, the Bank for International Settlements announced last night. read more
Global banks still short on capital 25 June 2018 3:55PM Finance regulation Ian Rogers Capital shortfalls among the larger, internationally active banks are estimated at €27.9 billion, the Bank for International Settlements said in their annual report, published overnight. read more
Foreign News: Virgin Money agrees to CYBG bid, crypto a threat to the internet and the world, debit 19 June 2018 4:31PM Foreign news Banking Day staff NAB spin-off Clydesdale and Yorkshire Bank has been successful in getting Virgin Money to accept a £1.7 billion takeover deal. read more
Foreign news: Banks warned off digital currencies 14 March 2018 6:05PM Foreign news Banking Day staff Central banks, such as the RBA and RBNZ, have been warned by the Bank for International Settlements to steer clear of developing their own digital currencies for issue to the public. read more
APRA's rules on accounting for capital losses 06 July 2017 2:50PM Finance regulation Tom Ravlic Australia's banks and similar institutions have been given the prudential regulator's rulebook on how to apply a contentious new accounting standard that brings capital losses forward in financial sta.. read more
Briefs: CEOs pay slashed post-GFC, ANZ sells in Vietnam, S&P rating pared on Liberty series 26 April 2017 3:29PM Briefs Banking Day staff Total compensation for bank CEOs since the financial crisis has fallen, on average, by US$2 million per global bank CEO. read more
FX operators duck and dive 13 December 2016 5:20PM Finance regulation Ian Rogers The foreign exchange market may be less of a leviathan than sometimes imagined. "For the first time in 15 years, FX trading volumes contracted between two consecutive Triennial Surveys," the Bank for.. read more
BIS identifies a poisonous legacy in banking 02 December 2016 4:35PM Finance regulation Banking Day staff The head of the economics department at the Bank of International Settlements says the banking industry is still plagued by the GFC's poisonous legacy. read more
Household assets to income ratio 471% 27 August 2016 5:07PM Mortgages Banking Day staff <!-- /* Font Definitions */ @font-face {font-family:Cambria; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:auto; mso-font-pitch:variable; mso-font-si.. read more
Foreign news: New chair for the Financial Stability Institute, Alipay challenges China Unionpay 02 August 2016 4:41PM Foreign news Banking Day staff The Bank for International Settlements has appointed Fernando Restoy as chair of its Financial Stability Institute. read more
Foreign news: RBS and Lloyds sales on hold, global banks demand certainty om Brexit plans, BIS appoi 29 June 2016 4:28PM Foreign news Banking Day staff The British government has cancelled its plans to sell its holdings in Royal Bank of Scotland and Lloyds Banking Group this year in the wake of Brexit, Reuters reports. read more
Renminbi flourishing as a reserve currency 21 June 2016 4:32PM Finance regulation Ian Rogers The renminbi is "guesstimated" to comprise two per cent or more of central banks' portfolio holdings this year, roughly triple the level of only a couple of years ago. read more
Global lenders crowded out by Chinese banks 08 June 2016 4:13PM Bank for International Settlements Ian Rogers Banks in mainland China are becoming an increasingly important source of international bank credit, at the same time as international banks scale back their own lending to Chinese entities. read more