Banking

The Board of Directors of the Bank for International Settlements (BIS) today announced the election of Bank of Korea Governor Juyeol Lee to the Board….
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Opening remarks by Mr Cleviston Haynes, Governor of the Central Bank of Barbados, at the 50th Annual Monetary Studies Conference “Emerging Economic and Financial Issues in 21st Century Economies”, Bridgtown, 6 November 2018….
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Address by Mr Ignazio Visco, Governor of the Bank of Italy, at the 64th Conference on Government Studies “Economic development, financial constraints and service quality – investments and guarantees”, Varenna, 22 September 2018….
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Official remarks by Mr Moses D Pelaelo, Governor of the Bank of Botswana, at the Botswana Stock Exchange Opening Bell Ceremony, Gaborone, 1 November 2018….
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Speech by Mr Denis Beau, First Deputy Governor of the Bank of France, at the Bank of France – Toulouse School of Economics joint conference, Paris, 12 November 2018….
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Speech by Mr Luis de Guindos, Vice-President of the European Central Bank, at the Opening Conference, 21st Euro Finance Week, Frankfurt am Main, 12 November 2018….
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Address by Mr Ignazio Visco, Governor of the Bank of Italy, at the 94th World Savings Day, organized by the Association of Italian Foundations and Savings Banks (ACRI), Rome, 31 October 2018….
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Presentation by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore, at Singapore FinTech Festival 2018, Singapore, 12 November 2018….
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Presentation by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, at the conference on “Cryptocurrencies and Blockchains”, University of Chicago Becker Friedman Institute, 9 November 2018….
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Remarks by Mr Kevin Stiroh, Executive Vice President of the Financial Institution Supervision Group of the Federal Reserve Bank of New York, at the Financial Times US Banking Forum “Charting a Course for Stability and Success”, New York City, 1 November 2018….
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Welcome address by Mr Gent Sejko, Governor of the Bank of Albania, at the Annual Conference of the Bank of Albania, Tirana, 1 November 2018….
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Introductory statement by Mr Mario Draghi, President of the European Central Bank, during his exchange of views with the House of Representatives, Dublin, 8 November 2018….
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Address by Mr Francois Groepe, Deputy Governor of the South African Reserve Bank, at the National Payment System Department’s annual end-of-year cocktail function, Centrurion, 5 November 2018….
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Welcoming keynote address by Mr Luiz Awazu Pereira da Silva, Deputy General Manager of the BIS, at the fourth FSI-GPFI conference on standard-setting bodies and innovative financial inclusion: implications of fintech and other regulatory and supervisory developments, Basel, Switzerland, 25 October 2…
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Speech by Ms Nicole Stolk, Executive Director of Resolution and Internal Operations of the Netherlands Bank, at the EIOPA (European Insurance and Occupational Pensions Authority) Seminar “Recovery and Resolution in Insurance”, Amsterdam, 25 October 2018….
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Speech by Ms Sabine Lautenschläger, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, at the Luncheon of Chairs of Supervisory Boards of banks in Germany, Frankfurt am Main, 6 November 2018….
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Speech by Ms Chuchi G Fonacier, Deputy Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), on behalf of Governor Nestor A Espenilla, Jr, during the signing ceremony of the Memorandum of Agreement (MOA) of the members of the Philippine RMB Trading Community; Makati Cit…
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Opening speech by Mr Mugur Isărescu, Governor of the National Bank of Romania, at the Conference “The Danube Triangle”, Bucharest, 25 October 2018….
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Welcome remarks by Mr Yannis Stournaras, Governor of the Bank of Greece, at the Bank of Greece Economic History Conference “The birth of inter-war central banks: building a new monetary order”, Athens, 2 November 2018….
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Welcoming remarks by Mr Donald Joshua Jaganathan, Assistant Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the Project Greenback 2.0 Kota Kinabalu Dinner, Kota Kinabalu, 3 November 2018….
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Interview with Mr Peter Praet, Member of the Executive Board of the European Central Bank, in BdP Revista, staff magazine of Bank of Portugal, conducted by Ms Isabel Arriaga e Cunha on 18 June 2018 and published on 2 November 2018….
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Remarks by Mr Mark Carney, Governor of the Bank of England, at the Science Museum, London, 2 November 2018….
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This paper examines whether euro area unconventional monetary policies have affected the loss-absorbing buffers (that is the resilience) of the banking industry. We employ various measures to capture the effect of the broad array of programmes used by the ECB to implement balance sheet policies, whi…
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Interview with Mr Agustín Carstens, General Manager of the BIS, in Yicai Global, conducted by Ms Yang Yanqing and Ms Zhou Ailin and published online on 1 November 2018….
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Presentation by Mr Mario Marcel, Governor of the Central Bank of Chile, of the Monetary Policy Report before the Honorable Senate of the Republic, Santiago de Chile, 5 September 2018….
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Keynote address by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore, at the Singapore-China (Chongqing) Financial Summit, Chongqing, 2 November 2018….
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Speech by Ms Anita Angelovska Bezhoska, Governor of the National Bank of the Republic of Macedonia, on the occasion of the World Savings Day – celebration of the Macedonian Banking Association, Skopje, 30 October 2018….
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Closing remarks by Ms Caroline Abel, Governor of the Central Bank of Seychelles, at the 4th ESAAMLG Public-Private Sector Dialogue on AML/CFT, Mahe, 8 September 2018….
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Remarks by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore, at the GIC Institutional Investors Roundtable, Singapore, 31 October 2018….
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Address by Mr Lesetja Kganyago, Governor of the South African Reserve Bank, at the South Africa Tomorrow Conference, New York City, 1 November 2018….
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Highlights from the OTC derivatives statistics at end-June 2018: the notional value of outstanding OTC derivatives increased from $532 trillion at end-2017 to $595 trillion at end-June 2018. The gross market value of OTC derivatives continued to decline, nearing $10 trillion at end-June 2018 from $1…
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Remarks by Mr Philip R Lane, Governor of the Central Bank of Ireland, at the Bank of Spain-SUERF Conference “Financial Disintermediation and the Future of the Banking Sector”, Madrid, 30 October 2018….
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Opening remarks by Mr John A Rolle, Governor of the Central Bank of The Bahamas, at the Third Caribbean Roundtable on Industry Solutions to the Withdrawal of Correspondent Banking Relationships, Nassau, 29 October 2018….
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Text of the A. D. Shroff Memorial Lecture by Dr Viral V Acharya, Deputy Governor of the Reserve Bank of India, Mumbai, 26 October 2018….
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Speech by Dr Jens Weidmann, President of the Deutsche Bundesbank and Chairman of the Board of Directors of the Bank for International Settlements, at the Deutsche Bundesbank’s Capital City Reception, Berlin, 17 October 2018….
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Welcome address by Mr Pablo Hernández de Cos, Governor of the Bank of Spain, at the Bank of Spain-SUERF Conference “Financial Disintermediation and the Future of the Banking Sector”, Madrid, 30 October 2018….
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Speech by Mr Masayoshi Amamiya, Deputy Governor of the Bank of Japan, at the 2018 Autumn Annual Meeting of the Japan Society of Monetary Economics, Tokyo, 20 October 2018….
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Keynote speech by Mr Masazumi Wakatabe, Deputy Governor of the Bank of Japan, at the “Nippon no Kakushin-ryoku (Japan’s Innovation)” Symposium, co-hosted by the Faculty of Economics, Keio University and Nikkei Inc., Tokyo, 25 October 2018….
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Keynote address by Ms Nor Shamsiah Mohd Yunus, Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the 10th International Conference on Financial Crime and Terrorism Financing “Reshaping Malaysia’s Future – Setting the goal for greater governance and transparency”, Kual…
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Text of the First Lamfalussy Lecture by Mr Mario Draghi, President of the European Central Bank, at the National Bank of Belgium, Brussels, 26 October 2018….
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Speech by Mr Richard H Clarida, Vice Chairman of the Board of Governors of the Federal Reserve System, at the Peterson Institute for International Economics, Washington DC, 25 October 2018….
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Press Release – Basel Committee calls for further progress in the implementation of Basel III standards, 26 October 2018. Release of the “Fifteenth progress report on adoption of the Basel regulatory framework”….
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Application deadline: 25 November 2018 | Corporate Facility Management| Location: Basel, Switzerland……
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US dollar credit to non-bank borrowers outside the United States rose to nearly $11.5 trillion at end-June 2018, up by 6% over the previous year, with debt securities continuing to grow much faster than loans: by 8.5% compared with 2.5%….
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Speech by Mr Mark Carney, Governor of the Bank of England and Chair of the Financial Stability Board, at the Economic Club of New York, New York City, 19 October 2018….
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Opening remarks by Ms Nor Shamsiah Mohd Yunus, Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the Central Bank of Malaysia’s Financial Stability Conference “Re-envisioning Financial Stability – The Path Forward”, Kuala Lumpur, 23 October 2018….
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Introductory statement by Mr Ed Sibley, Deputy Governor (Prudential Regulation) of the Central Bank of Ireland, at the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach (Head of Parliament), Dublin, 23 October 2018….
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Application deadline: 20 November 2018 | International Association of Insurance Supervisors | Location: Basel, Switzerland……
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How do emerging market corporates fare during periods of currency depreciation? We find that non-financial firms that exploit favorable global financing conditions to issue US dollar bonds and build cash balances are also those whose share price is most vulnerable to local currency depreciation. In…
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Speech by Ms Margarita Delgado, Deputy Governor of the Bank of Spain, at the IX Financial Meeting “Transformation of the banking industry in a new setting of digital innovation”, Madrid, 9 October 2018….
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Remarks by Mr Guy Debelle, Deputy Governor of the Reserve Bank of Australia, at the Walkley Business Journalism Award, The Walkley Foundation, Sydney, 22 October 2018….
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Opening remarks by Agustín Carstens, General Manager of the BIS, at the BIS symposium on “New challenges for central banking” to mark the 20th anniversary of the BIS Representative Office for Asia and the Pacific, Hong Kong, 15 October 2018….
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Application deadline: 11 November 2018 | General Secretariat | Location: Basel, Switzerland……
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Application deadline: 30 November 2018 | Banking | Location: Basel, Switzerland……
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Press Release – Basel Committee seeks views on the leverage ratio treatment of client cleared derivatives, 18 October 2018….
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The Basel Committee on Banking Supervision is releasing the newsletter no 20 on “Statement on leverage ratio window-dressing behaviour “, October 2018….
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Remarks by Mr Randal K Quarles, Vice Chairman for Supervision of the Board of Governors of the Federal Reserve System, at the Economic Club of New York Luncheon, New York City, 18 October 2018….
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Address by Mr Lesetja Kganyago, Governor of the South African Reserve Bank, at the ABSIP (The Association of Black Securities and Investment Professionals) National Conference, Johannesburg, 19 October 2018….
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Press Release – Basel Committee issues final “Stress testing principles”, 17 October 2018….
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Opening remarks by Prof. Emmanuel Tumusiime-Mutebile, Governor of the Bank of Uganda, at the hosting of the Parliament of Ghana Finance Committee Members at a Benchmarking Exercise to Bank of Uganda, Kampala, 27 September 2018….
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Opening remarks by Ms Caroline Abel, Governor of Central Bank of Seychelles, at the Visa – Digital Payments Workshop, Eden Island, 16 August 2018….
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Welcome address by Mr Pablo Hernández de Cos, Governor of the Bank of Spain, at the Conference “The New Bank Provisioning Standards: Implementation Challenges and Financial Stability Implications”, hosted by the Bank of Spain and co-organised with the Financial Stability Institute and the…
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Speech by Mr Ã’ystein Olsen, Governor of Norges Bank (Central Bank of Norway), at RS Noatun, Horten, 18 October 2018….
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Address by Mr Guy Debelle, Deputy Governor of the Reserve Bank of Australia, at the Citi 10th Annual Australia and New Zealand Investment Conference, Sydney, 17 October 2018….
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BIS Papers No 99 – Central banks and debt: emerging risks to the effectiveness of monetary policy in Africa?, October 2018. In a period of rising trade protectionism and higher interest rates abroad, there is renewed urgency to ensure that debt, already on an upward path, does not impede the effecti…
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Keynote speech by Mr Norman T L Chan, Chief Executive of the Hong Kong Monetary Authority, at the Forum-cum-Dialogue on “Belt and Road Initiative: Infrastructure Financing”, Hong Kong, 15 October 2018….
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Topics supporting address by Ms Elisa Ferreira, Vice-Governor of the Bank of Portugal, on the panel discussion of “Resolution and early supervisory intervention” at the “BCBS-FSI High-level Meeting for Europe on Banking Supervision”, Lisbon, 18 September 2018….
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Panelist speech by Mr Haruhiko Kuroda, Governor of the Bank of Japan, at the BIS Symposium to mark the 20th Anniversary of the BIS Representative Office for Asia and the Pacific, Hong Kong, 15 October 2018….
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Introductory statement by Ms Zoja Razmusa, Deputy Governor of the Bank of Lativa, at the annual conference of the Bank of Latvia “Payments in the 22nd Century: Future starts Today?”, Riga, 3 October 2018….
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Speech by Mr Yandraduth Googoolye, Governor of the Bank of Mauritius, at the Mauritius International Financial Centre – Forward Looking conference, organized by the Financial Services Commission, Balaclava, 20 September 2018….
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Keynote address by Dr Patrick Njoroge, Governor of the Central Bank of Kenya, at the 7th Kenya Bankers Association Annual Banking Conference “Credit Market Dynamics in an Evolving Regulatory and Market Participants’ Environment”, Nairobi, 27 September 2018….
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Remarks by Mr Javier Guzmán Calafell, Deputy Governor of the Bank of Mexico, at the Euro 50 Group and Centre for International Governance Innovation (CIGI) Meeting, Bali, Indonesia, 12 October 2018….
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Keynote speech by Agustín Carstens, General Manager of the BIS, at the 42nd Annual Meeting of the Council of Arab Central Banks and Monetary Authorities Governors, Amman, 17 September 2018….
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Remarks by Dr Viral V Acharya, Deputy Governor of the Reserve Bank of India, at the Indian Institute of Technology, Mumbai, 12 October 2018….
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Welcome speech by Mr Jiří Rusnok, Governor of the Czech National Bank, at the Currency, taxes and other institutes of financial law conference, Faculty of Law, Charles University, Prague, 20 September 2018….
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Remarks by Mr Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority, at HKIB Annual Banking Conference 2018, Hong Kong, 27 September 2018….
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Speech by Ms Sabine Lautenschläger, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, at the Central Bank of Malta, Valletta, 12 October 2018….
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Speech by Mr Ã’ystein Olsen, Governor of Norges Bank (Central Bank of Norway), at the Bank of Thailand – OMFIF High-level Seminar, Bangkok, 9 October 2018….
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Remarks by Mr John C Williams, President and Chief Executive Officer of the Federal Reserve Bank of New York, at the Joint Bank Indonesia-Federal Reserve Bank of New York Central Banking Forum, Nusa Dua, Indonesia, 10 October 2018….
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Speaking points by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the MNI Connect Roundtable, Singapore, 10 October 2018….
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Plenary session address by Ms Luci Ellis, Assistant Governor (Economic) of the Reserve Bank of Australia, to the Melbourne Institute Outlook Conference, Melbourne, 11 October 2018….
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Remarks by Ms Beverly Hirtle, Executive Vice President and Director of Research of the Federal Reserve Bank of New York, at the 2018 Federal Reserve Stress Testing Research Conference, Federal Reserve Bank of Boston, Boston, 9 October 2018….
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Keynote address by Mr Jan Smets, Governor of the National Bank of Belgium, at the conference “Ten years after the start of the crisis: contours of a new normal”, organised by the Belgian Financial Forum and SUERF, Brussels, 14 September 2018….
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Welcoming remarks by Ms Nor Shamsiah Mohd Yunus, Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the Commemoration of the Centennial of Tun Ismail Ali’s Birth, Kuala Lumpur, 8 October 2018….
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Lectio magistralis by Mr Salvatore Rossi, Senior Deputy Governor of the Bank of Italy and President of the Institute for the Supervision of Insurance (IVASS), at the Ca’ Foscari University of Venice Department of Economics, Venice, 5 October 2018….
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Speech by Mr Benoît CÅ”uré, Member of the Executive Board of the European Central Bank, at Les Champs du Possible, Châteaudun, 4 October 2018….
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Welcome remarks by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore, at the Institute of Banking and Finance Distinction Evening 2018, Singepore, 4 October 2018….
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Application deadline: 20 October 2018 | Banking | Location: Basel, Switzerland……
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This paper studies the effects of prudential regulation, financial development, and financial openness on economic growth. Using both existing models and a new OLG framework with banking and prudential regulation in the form of capital requirements, the first part presents ……
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Central banks’ announcements that rates are expected to remain low could signal either a weak macroeconomic outlook, which would slow expenditure, or a more accommodative stance, which may stimulate economic activity. ……
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Keynote speech by Mr Norman T L Chan, Chief Executive of the Hong Kong Monetary Authority, at the Treasury Markets Summit 2018 “Crypto-assets and Money”, Hong Kong, 21 September 2018….
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Key notes by Mr François Villeroy de Galhau, Governor of the Bank of France, at the Working Group on Cyber Resilience round table, Paris, 14 September 2018….
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Remarks by Mr Randal K Quarles, Vice Chairman for Supervision of the Board of Governors of the Federal Reserve System, at the “Community Banking in the 21st Century” Sixth Annual Community Banking Research and Policy Conference, sponsored by the Federal Reserve System, the Conference of St…
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Speech by Mr Peter Praet, Member of the Executive Board of the European Central Bank, at the Money, Macro and Finance Research Group Conference on the Resilience of the Global Financial Architecture, London, 27 September 2018….
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Welcoming remarks by Mr Abdul Rasheed Ghaffour, Deputy Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the Roundtable Meeting of Centralised Shariah Advisory Authorities in Islamic Finance, Kuala Lumpur, 2 October 2018….
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Keynote speech by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the Bank of Latvia conference “Payments in the 22nd century: future starts today?”, Riga, 3 October 2018….
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Remarks by Mr Jerome H Powell, Chairman of the Board of Governors of the Federal Reserve System, at the “Revolution or Evolution? Reexamining Economic Paradigms” 60th Annual Meeting of the National Association for Business Economics, Boston, Massachusetts, 2 October 2018….
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Remarks by Ms Nor Shamsiah Mohd Yunus, Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the Malaysian Insurance Institute (MII) Summit “Innovation in a Disruptive Era”, Kuala Lumpur, 28 September 2018….
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Opening remarks by Mr Nazrul Hisyam Mohd Noh, Assistant Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the #IDAREYOUChallenge2017 Grand Finale, Kuala Lumpur, 3 September 2018….
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Speech by Mr David Rule, Executive Director of Insurance Supervision of the Bank of England, at the Bank of America Merrill Lynch 23rd Annual Financials CEO Conference, London, 26 September 2018….
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Remarks by Mr Timothy Lane, Deputy Governor of the Bank of Canada, at the Haskayne School of Business, University of Calgary, Calgary, Alberta, 1 October 2018….
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Speech by Mr Jerome H Powell, Chairman of the Board of Governors of the Federal Reserve System, at Rhode Island Business Leaders Day, Washington DC, 27 September 2018….
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Remarks by Ms Victoria Cleland, Executive Director for Banking, Payments and Financial Resilience of the Bank of England, at the Technology and Innovation Risk Conference 2018, London, 25 September 2018….
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Address by Mr François Groepe, Deputy Governor of the South African Reserve Bank, at the RMB Morgan Stanley Investor Conference, Cape Town, 25 September 2018….
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Through the lens of credit risk ratings, we investigate how banks determine loan terms under capital constraints. Using a unique and comprehensive supervisory dataset of individual corporate loans in the US We show that unexpected adjustments to banks’ internal rating systems, which only alter h…
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Press Release – the Basel Committee on Banking Supervision assesses Saudi Arabia’s implementation of the NSFR regulation and the large exposures framework, 27 September 2018….
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The Basel Committee on Banking Supervision is issuing a “Regulatory Consistency Assessment Programme (RCAP) – Assessment of Basel NSFR regulations – Kingdom of Saudi Arabia”, September 2018….
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Application deadline: 13 October 2018 | Banking | Location: Basel, Switzerland……
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Speech by Dr Jens Weidmann, President of the Deutsche Bundesbank and Chairman of the Board of Directors of the Bank for International Settlements, at the Centre for European Policy, Freiburg im Breisgau, 20 September 2018….
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Application deadline: 31 October 2018 | Committee on Payments & Market Infrastructures (CPMI) | Location: Basel, Switzerland……
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BIS Quarterly Review for September 2018: Divergences widen in markets – Special Features: Fintech credit markets around the world: size, drivers and policy issues; Regulating cryptocurrencies: assessing market reactions; The rise of zombie firms: causes and consequences; Term premia: models and some…
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Press Release – the Basel Committee on Banking Supervision is issuing frequently asked questions on the liquidity risk treatment of settled-to-market derivatives, 20 September 2018….
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We investigate if financial stress in countries where international banks are headquartered is a major driver of banking outflows from emerging market economies (EMEs). We find that when financial stress measured by sovereign or bank CDS spread or corporate bond spread increases, international banks…
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Opening address by Mr Gent Sejko, Governor of the Bank of Albania, at the presentation by Mr Patrizio Pagano, Executive Director for Albania at the World Bank Group, Tirana, 18 September 2019….
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Remarks by Mr Christopher Kent, Assistant Governor (Financial Markets) of the Reserve Bank of Australia, at the Reserve Bank’s Topical Talks Event for Educators, Sydney, 19 September 2018….
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Application deadline: 21 October 2018 | Human Resources| Location: Basel, Switzerland……
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Press release about Markets Committee analysing changes in fast-paced electronic markets (17 September 2018)……
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Opening address by Mr François Villeroy de Galhau, Governor of the Bank of France, at the Autorité de contrôle prudentiel et de resolution (ACPR) Conference on Financial Supervision, Paris, 18 September 2018….
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Remarks by Ms Sharon Donnery, Deputy Governor of the Central Bank of Ireland, at the Dublin Economics Workshop, Wexford, 14 September 2018….
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Application deadline: 30 September 2018 | Meeting Services | Location: Basel, Switzerland……
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Welcome remarks by Mr Vitas Vasiliauskas, Governor of the Bank of Lithuania, at the Economics conference of the Bank of Lithuania, Vilnius, 17 September 2018….
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We develop a general equilibrium model with intermediaries at the heart of international financial markets. In our model, intermediaries bargain with their customers and extract rents for providing access to foreign claims. ……
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Speech by Mr Ed Sibley, Deputy Governor (Prudential Regulation) of the Central Bank of Ireland, at the Trinity College Dublin “Behind the Headlines” series, Dublin, 12 September 2018….
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Pointers for panel remarks by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore, at the 5th Milken Institute Asia Summit, Singapore, 13 September 2018….
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Speech by Prof Joachim Wuermeling, Member of the Executive Board of the Deutsche Bundesbank, at a reception to welcome the new chief representative of Deutsche Bundesbank’s New York office Gabriele Kabelac and to bid farewell to Dr Claudia Stirböck, New York City, 11 September 2018….
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Opening remarks by Agustín Carstens, General Manager of the BIS, at the joint Danmarks Nationalbank-BIS conference on “Monetary policy spillovers in a financially integrated world” to mark the 200th anniversary of Danmarks Nationalbank, Copenhagen, 7 September 2018….
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Speech by Mr Adrian Orr, Governor of the Reserve Bank of New Zealand, to the “Shaping Futures National Conference” Financial Services Council, Auckland, 7 September 2018….
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Statement by Ms Sabine Lautenschläger, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, at the Eurofi Financial Forum 2018, Vienna, 6 September 2018….
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Remarks by Ms Carolyn Wilkins, Senior Deputy Governor of the Bank of Canada, to the Saskatchewan Trade & Export Partnership, Regina, Saskatchewan, 6 September 2018….
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Speech by Mr Per Callesen, Governor of the National Bank of Denmark, at the Finance Denmark’s Executive Conference, Copenhagen, 3 September 2018….
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Presentation by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), during the Forum of the Economic Journalists’ Association of the Philippines (EJAP), Manila, 28 August 2018….
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Interview with Mr Benoît CÅ”uré, Member of the Executive Board of the European Central Bank, in Kathimerini, conducted by Ms Eirini Chrysolora and published on 5 September 2018….
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Opening remarks by Mr Agustín Carstens, General Manager of the BIS, at the Ninth Irving Fisher Committee (IFC) Conference, Basel, 30 August 2018….
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Opening remarks (by phone) by Mr Timothy N J Antoine, Governor of the Eastern Caribbean Central Bank, at the Single Insurance and Pension Market Project (SIPMP) Change Management Strategy Meeting, Basseterre 2 July 2018….
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Welcome address by Mr Pablo Hernández de Cos, Governor of the Bank of Spain, at the Second Annual Research Conference of the Bank of Spain, Madrid, 3 September 2018….
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Speech by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the European Institute of Financial Regulation (EIFR), Paris, 3 September 2018….
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Keynote address by Prof Claudia Buch, Vice-President of the Deutsche Bundesbank, at the 9th biennial IFC Conference “Are post-crisis statistical initiatives completed?”, Basel, 30 August 2018….
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Welcome note by Mr Tariq Bajwa, Governor of the State Bank of Pakistan, at State Bank of Pakistan’s 70-year Celebration Event, Karachi, 1 July 2018….
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Introductory statement by Dr Jens Weidmann, President of the Deutsche Bundesbank and Chairman of the Board of Directors of the Bank for International Settlements, at a discussion with the Association of the Foreign Press (VAP), Berlin, 23 August 2018….
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Speech by Dr Jens Weidmann, President of the Deutsche Bundesbank and Chairman of the Board of Directors of the Bank for International Settlements, to the Hellenic Bank Association, Athens, 30 August 2018….
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Every monetary policy decision by the Reserve Bank of New Zealand (RBNZ) is accompanied by a written statement about the state of the economy and the policy outlook, but only every second decision by a published interest rate forecast. We exploit this difference to study the relative influences of q…
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Speech by Mr Mahendra Vikramdass Punchoo, Second Deputy Governor of the Bank of Mauritius, on the Impact of Basel III reforms in the implementation of Basel II/III in Emerging Market and Developing Economies, Port Louis, 24 July 2018….
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Keynote address by Ms Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore, at the 14th FX Week Asia Conference, Singapore, 29 August 2018….
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Speech by Mr Andrew G Haldane, Executive Director and Chief Economist of the Bank of England, at at “Changing Market Structure and Implications for Monetary Policy”, a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, 24 August 2018….
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Central banks increasingly rely on macroprudential measures to manage the financial cycle, but the effects of such policies on the core objectives of monetary policy to stabilize output and inflation are largely unknown. In this paper we quantify the effects of changes in maximum loan-to-value (LTV)…
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Remarks by Mr Stephen S Poloz, Governor of the Bank of Canada, at “Changing Market Structure and Implications for Monetary Policy”, a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, 24 August 2018….
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Overview panel remarks by Mr Agustín Carstens, General Manager of the BIS, at the Federal Reserve Bank of Kansas City’s 42nd Economic Policy Symposium, Jackson Hole, Wyoming, 25 August 2018….
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Remarks by Mr Philip R Lane, Governor of the Central Bank of Ireland, to the IMF / IMFER / Central Bank of Ireland Euro at 20 Conference, Dublin, 26 June 2018….
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Address by Mr Guy Debelle, Deputy Governor of the Reserve Bank of Australia, at The Economic Society of Australia (QLD) Business Lunch, Brisbane, 22 August 2018….
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Remarks by Mr Simon M Potter, Executive Vice President of the Markets Group of the Federal Reserve Bank of New York, at the 23rd EMEAP (Executives’ Meeting of East Asia-Pacific Central Banks) Governors’ Meeting, Manila, Philippines, 4 August 2018….
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Speech by Mr Lesetja Kganyago, Governor of the South African Reserve Bank, on the occasion of the announcement of the winners of the Monetary Policy Committee (MPC) Schools Challenge, Pretoria, 17 August 2018….
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Remarks by Dr Karnit Flug, Governor of the Bank of Israel, at the Eli Hurvitz Conference on Economy and Society, Tel Aviv, 19 June 2018….
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Remarks by Mr Philip Lowe, Governor of the Reserve Bank of Australia, at the breakfast event to launch ASIC’s National Financial Capability Strategy 2018, Canberra, 21 August 2018….
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We study the interaction between solvency risk and funding costs using two data sets that collect detailed information at the quarterly frequency for Korean commercial banks. We use unique data on marginal funding costs at the bank level. This is the right measure to look at ……
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This paper explores the basic question of whose monetary policy matters for banks’ international lending. In the international context, monetary policies from several countries could come into play: the lender’s, ……
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CPMI and IOSCO are publishing a consultative report on “Governance arrangements for critical OTC derivatives data elements (other than UTI and UPI) – consultative report”, August 2018……
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Remarks by Dr Nadine Baudot-Trajtenberg, Deputy Governor of the Bank of Israel, at the Eli Hurvitz Conference on Economy and Society, Jerusalem, 20 June 2018….
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Speech by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at a special brownbag session for the Bank of International Settlements (BIS) Working Paper (WP) No. 724 “Do small bank deposits run more than large ones? Three event studies…
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Welcome remarks by Mr Ariff Ali, Governor of the Reserve Bank of Fiji and Chairman of the National Financial Inclusion Taskforce, at the 2017 National Microfinance Awards, Suva, 28 May 2018….
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Remarks by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore, at MAS’ Annual Report 2017/18 Media Conference, Singapore, 4 July 2018….
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Application deadline: 10 September 2018 | International Association of Deposit Insurers | Location: Basel, Switzerland……
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Welcome remarks by Mr Moses D Pelaelo, Governor of the Bank of Botswana, at the visit of Mr Tao Zhang, Deputy Managing Director of the International Monetary Fund, to Botswana, Gaborone, 25 July 2018….
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Speech by Ms Luci Ellis, Assistant Governor (Economic) of the Reserve Bank of Australia, at the Infrastructure Partnerships Australia (IPA) Leaders’ Luncheon, Sydney, 15 June 2018….
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Address by Mr Philip Lowe, Governor of the Reserve Bank of Australia, to the Australian Industry Group, Melbourne, 13 June 2018….
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Speech by Mr François Villeroy de Galhau, Governor of the Bank of France and Chairman of the Autorité de contrôle prudentiel et de resolution (ACPR), at the Conference of the ACPR, Paris, 8 June 2018….
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Speech by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at “Perspectives”, organized by Citi Markets, Manila, 8 August 2018….
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Opening remarks by Ms Chuchi G Fonacier, Deputy Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the PESONet Media Forum, Manila, 7 August 2018….
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Opening speech by Ms Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore, at the Artemis ILS Asia 2018 Conference, Singapore, 12 July 2018….
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Welcome remarks by Ms Nor Shamsiah Mohd Yunus, Deputy Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the World Bank and Bank Negara Malaysia Forum on Performance Measurement for DFIs “DFIs of the Future: Maximising Development Impact”, Kuala Lumpur, 9 August 2018….
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Public lecture by Mr Lesetja Kganyago, Governor of the South African Reserve Bank, at the Nelson Mandela University, Port Elizabeth, 1 August 2018….
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Interview with Mr Agustín Carstens, General Manager of the BIS, in LatinFinance, conducted by Mr Kevin Gray and published online and in print format on 2 August 2018….
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Speech by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the 2018 MCPI Annual Conference, Manila, 26 July 2018….
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Keynote speech by Mr Ong Chong Tee, Deputy Managing Director (Financial Supervision) of the Monetary Authority of Singapore, at the Singapore Governance and Transparency Forum, Singapore, 6 August 2018….
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Interview by Ms Sabine Lautenschläger, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, with Welt am Sonntag, conducted by Ms Anja Ettel and Ms Anne Kunz on 30 July 2018 and published on 5 August 2018….
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Address by Mr Philip Lowe, Governor of the Reserve Bank of Australia, to the Anika Foundation Luncheon supported by NAB and the ABE, Sydney, 8 August 2018….
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Abstract of “Incentives to centrally clear over-the-counter (OTC) derivatives – A post-implementation evaluation of the effects of the G20 financial regulatory reforms”, a consultative document from the Financial Stability Board (FSB), the Basel Committee on Banking Supervision (BCBS), th…
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Panel remarks by Mr Benoît CÅ”uré, Member of the Executive Board of the European Central Bank, at Rencontres Économiques d’Aix-en-Provence, Aix-en-Provence, 8 July 2018….
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Article by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, for the 70th anniversary of Zeitschrift für das gesamte Kreditwesen, published on 1 August 2018. At first sight, they seem unrelated. After all, why should low inflation and rising debt be linked? True, from the e…
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Implementation monitoring of PFMI: Level 2 assessment report for Canada published by the Committee on Payments and Market Infrastructures and the Board of the International Organization of Securities Commissions, July 2018….
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Presentation by Mr Makoto Sakurai, Member of the Policy Board of the Bank of Japan, and Mr Masahiko Kataoka, Director, Secretariat of the Policy Board of the Bank of Japan, at the 30th Villa Mondragone International Economic Seminar, Rome, 25 June 2018….
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Opening remarks by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), for the Q2 2018 BSP Inflation Report Press Briefing, Manila, 20 July 2018….
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Keynote address by Ms Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore, at the Central Bank Payments Conference, Singapore, 26 June 2018….
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Speech by Ms Sabine Lautenschläger, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, at the Center for Financial Studies Colloquium, Frankfurt am Main, 29 May 2018….
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Remarks by Ms Sharon Donnery, Deputy Governor of the Central Bank of Ireland, at Maynooth University, National University of Ireland, Maynooth, 31 May 2018….
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Speech by Mr Lars Rohde, Governor of the National Bank of Denmark, at the 200th anniversary of the National Bank of Denmark, Copenhagen, 4 July 2018….
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Keynote address by Mr Carlos da Silva Costa, Governor of the Bank of Portugal, at the International Finance and Banking Society Conference 2018, Porto Business School, Porto, 30 June 2018….
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Address by Mr Pablo Hernández de Cos, Governor of the Bank of Spain, on taking up office by the Governor of the Bank of Spain, Madrid, 26 June 2018….
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Address by Mr Pablo Hernández de Cos, Govrnor of the Bank of Spain, taking up office as a member of the Council of State, Madrid, 19 July 2018….
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Closing session by Mr Javier Alonso, Deputy Governor of the Bank of Spain, of the seminar “La economía ante el blockchain. Lo que está por venir”, organized by the Menéndez Pelayo International University and the APIE (the Spanish Association of Economics Journalists), Santander, 2…
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Opening remarks by Ms Marja Nykänen, Member of the Board of the Bank of Finland, at the Banking in the Digital Age Conference, Helsinki, 14 June 2018….
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Welcome remarks by Mr Norman T L Chan, Chief Executive of the Hong Kong Monetary Authority, at the 2018 Green and Social Bond Principles Annual Conference, Hong Kong, 14 June 2018….
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This report provides jurisdictions’ self-assessments of their progress, as of 1 January 2018, towards adopting the legislation, regulations and other policies that will enable them to implement the 24 Principles for FMIs and four of the five Responsibilities for authorities included in the PFMI….
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Remarks by Mr Joshua Rosenberg, Executive Vice President and Chief Risk Officer of the Federal Reserve Bank of New York, at the 7th Annual Risk Americas 2018 Conference, New York City, 17 May 2018….
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Remarks by Mr Ignazio Visco, Governor of the Bank of Italy, at the Panel Discussion “The Real Effects of Disrupted Credit: Evidence from the Global Financial Crisis”, Per Jacobsson Lecture by Ben S. Bernanke, Bank for International Settlements, Basel, 24 June 2018….
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Speech by Mr François Villeroy de Galhau, Governor of the Bank of France, at the Bank of France conference, Paris, 25 May 2018….
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Opening address by Mr François Villeroy de Galhau, Governor of the Bank of France, at the Paris Europlace International Financial Forum, Paris, 11 July 2018….
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Speech by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the BAIPHIL’s Induction of Directors and Officers and First General Membership Meeting, Makati, 13 July 2018….
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Speech by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Launch of the Financial Literacy Program for Schools and MOA signing of the BSP, DepEd, and BDOF, Mandaluyong City, 28 May 2018….
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Speech by Jessica Chew Cheng Lian, Deputy Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the Malaysian Association of Risk and Insurance Management (MARIM) Conference 2018, Kuala Lumpur, 17 July 2018….
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Speech by Mr David Bailey, Executive Director for Financial Market Infrastructure of the Bank of England, at the Westminster Business Forum Keynote Seminar “The future for payments regulation in the UK – competition, innovation and end-user priorities”, London, 28 June 2018….
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Address by Mr Lesetja Kganyago, Governor of the South African Reserve Bank, at the Nelson Mandela commemorative banknotes and R5 circulation coin launch, Pretoria, 13 July 2018….
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Keynote speech by Ms Michele Bullock, Assistant Governor (Financial System) of the Reserve Bank of Australia, at the 5th Bund Summit on Fintech, Shanghai, 8 July 2018….
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Speech by Mr Jerome H Powell, Member of the Board of Governors of the Federal Reserve System, at the ECB Forum on Central Banking “Price and Wage-Setting in Advanced Economies”, Sintra, 20 June 2018….
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Speech by Prof Claudia Buch, Vice-President of the Deutsche Bundesbank, at the at the Ninth ECB Statistics Conference “20 years of ESCB statistics: What’s next?”, Frankfurt am Main, 12 July 2018….
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Application deadline: 26 August 2018 | Monetary & Economic Department | Location: Basel, Switzerland……
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It calls itself the “WhatsApp for work”, and now the Guild app has raised $1.2m (£880,000) in investment. The messaging app founded by Ashley Friedlein and Matthew O’Riordan is pitching itself at professionals looking to build relationships inside and outside their company. The duo R…
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Emerald Asset Management and 1251 Capital Group announced t that they have agreed to form a partnership between Emerald and 1251 to position Emerald for future growth by enhancing the Emerald team and its line-up of investment products….
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Uber driver employment rights could be transformed after a “ground-breaking” ruling about their worker status in New York. A state appeals board ruled some Uber drivers are employees and should have access to unemployment benefits when they leave the ride-hailing app service. It is anoth…
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Briggs Automotive Company has become the world’s first car manufacturer to go “climate-positive”. The Liverpool-based supercar brand – which is behind the Mono, the only single-seater car for public roads – is working alongside eco-digital firm The Poseidon Foundation t…
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Switzerland-based Union Bancaire Privée (UBP) has agreed to acquire London-based investment management firm, ACPI Investments, for an undisclosed sum….
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Morgan Stanley’s net revenues surged 12% to $10.6bn for the second quarter ended 30 June 2018, compared to the $9.5bn reported in the same period last year….
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Walk down any residential street and almost every home will have a car parked outside. Maybe even two, three or more vehicles. In the US, more than nine in ten households owns a vehicle of some description in a country where 85% of people drive to work every day – only 9% of those carpooling with so…
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The pro-Remain industry network Tech for UK is set to host a “hackathon” this weekend pushing for a “people’s vote” on the final terms of Brexit. The two-day hackathon, named The Great British Hack-Off, will involve programmers and designers developing software and other tools that will provide vot…
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Sometimes there’s just not enough road ahead to get up to full speed – but the Aston Martin Volante Vision Concept shouldn’t have that problem. The British luxury vehicle brand’s “sports car of the skies” is a futuristic personal aircraft that could hit speeds of about 200mph – enabling owners to tr…
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The modest pickup in international banking activity that began in mid-2017 continued into Q1 2018. Banks’ cross-border claims rose by $451 billion between end-2017 and end-March 2018 to $30 trillion, up 2% year on year. The fastest growth was again in cross-border credit to non-bank financial bo…
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Genstar Capital has agreed to purchase a majority equity interest in US-based Cetera Financial Group for an undisclosed sum….
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Speech by Dr Veerathai Santiprabhob, Governor of the Bank of Thailand, at the Bloomberg ASEAN Business Summit, Bangkok, 12 July 2018….
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Speech by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the BSP 25th Anniversary Celebration, Manila, 3 July 2018….
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Welcome remarks by Mr Luis de Guindos, Vice-President of the European Central Bank, at the meeting of the ECB’s Bond Market Contact Group, Frankfurt am Main, 26 June 2018….
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Keynote speech by Mr Peter Praet, Member of the Executive Board of the European Central Bank, at the National Bank of Romania, Bucharest, 3 July 2018….
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Speech by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the Panel at the Petersberger Sommerdialog, Königswinter, 30 June 2018….
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Speech by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the conference on “Economic and Monetary Union – Deepening and Convergence”, Linz, 5 July 2018….
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Welcome address by Mr Gent Sejko, Governor of the Bank of Albania, at the Conference on the “Modernisation of retail payment systems in Albania”, Tirana, 21 June 2018….
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The UK’s Financial Conduct Authority (FCA) has proposed measures to improve competition in the investment platform market….
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Temenos, the banking software company, has signed a multi-year deal with global financial services company Northern Trust….
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Remarks by Ms Beverly Hirtle, Executive Vice President and Director of Research of the Federal Reserve Bank of New York, at the conference “The Effects of Post-Crisis Banking Reforms”, Federal Reserve Bank of New York, New York City, 22 June 2018….
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Welcome address by Mr Gent Sejko, Governor of the Bank of Albania, to the Joint Bank of Albania-European Central Bank Regional Statistical Seminar, Tirana, 13 June 2018….
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Application deadline: 7 August 2018 | International Association of Deposit Insurers | Location: Basel, Switzerland……
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UK-based asset manager Montanaro Asset Management, has implemented Charles River’s Investment Book of Record (IBOR), which provides portfolio managers and traders with up to date position and cash information and removes manual reconciliation….
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Keynote speech by Dr Jens Weidmann, President of the Deutsche Bundesbank and Chairman of the Board of Directors of the Bank for International Settlements, at the Conference “Economic and Monetary Union – Deepening and Convergence”, Linz, 5 July 2018….
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Diebold Nixdorf has collaborated Mastercard to provide to offer an industry-defining, managed solution for the banking and retail sectors….
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Speech by Mr Randal K Quarles, Vice Chairman for Supervision of the Board of Governors of the Federal Reserve System, at the Utah Bankers Association 110th Annual Convention, Sun Valley, Idaho, 27 June 2018….
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Remarks by Mr Stephen S Poloz, Governor of the Bank of Canada, to the Greater Victoria Chamber of Commerce, Victoria, British Columbia, 27 June 2018….
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Citi’s Treasury and Trade Solutions has entered into a strategic partnership with HighRadius, a software company specializing in cloud-based integrated receivables to launch Citi Smart Match….
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Accuity, a subsidiary of RELX Group, has acquired US-based Safe Banking Systems (SBS) for an undisclosed sum….
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British fintech company FNZ Group has agreed to acquire investment platform ebase from Germany-based comdirect bank for an undisclosed price….
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The paper highlights some of the theoretical and practical implications for monetary policy and exchange rates that derive from considering the presence of a time-varying r*. ……
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This paper studies a modern monetary economy: trade in both goods and securities relies on money provided by intermediaries. While money is valued for its liquidity, its creation requires costly leverage. ……
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Cynergy Capital has agreed to acquire Bank of Cyprus’ (BOC) wholly-owned subsidiary Bank of Cyprus UK (BOC UK) and its subsidiary Bank of Cyprus Financial Services (BOC FS) for £103m….
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Exchange technology provider Cinnober has collaborated with cryptocurrency security specialist BitGo to provide technology solutions to cryptocurrency exchanges….
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ACI Worldwide, a global provider of real-time electronic payment and banking solutions, and PAX, a provider of secure electronic payment terminal solutions, have entered into a non-exclusive global agreement to offer additional payment terminal options for merchants worldwide….
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Canada-based Toronto-Dominion Bank (TD) has agreed to acquire Greystone Capital Management (GCMI), parent firm of institutional asset manager Greystone Managed Investments, for C$792m ($603.20m)….
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FinTech software firm Strands has collaborated with Mastercard to offer an integrated platform for issuing banks….
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EQT Partners has agreed to acquire Saxo Payments Banking Circle, a cross-border payments infrastructure platform, for an undisclosed price from Danish investment banking company Saxo Bank and other minority owners….
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Scotiabank has completed its $2.2bn (C$2.9bn) acquisition of Spanish lender Banco Bilbao Vizcaya Argentaria’s stake of 68.19% in Banco Bilbao Vizcaya Argentaria, Chile (BBVA Chile)….
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IBM and Italian bank Banca Carige have launched a $500m joint venture (JV), which will focus on advancing bank’s digital capabilities….
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Wells Fargo has agreed to divest its majority stake in The Rock Creek Group to its management for an undisclosed sum….
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UK-based software firm Gresham Technologies has acquired Luxembourg-based B2 Group, a provider of cash and payments solutions, for an undisclosed price….
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Basel Committee issuing “Global systemically important banks: revised assessment methodology and the higher loss absorbency requirement”, July 2018….
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Intellect Global Transaction Banking (iGTB), the corporate banking technology provider from Intellect Design Arena, and Banco Santander, the euro zone’s largest bank by market capitalisation, have agreed a deal to implement iGTB’s Intellect Payments Services Hub (IPSH)- bringing next-generation paym…
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The Committee on the Global Financial System is issuing a report on “Financial stability implications of a prolonged period of low interest rates”, July 2018. This report identifies and provides evidence for the channels through which a “low-for-long” scenario might affect finan…
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PayPal Holdings has announced the closing of its consumer credit receivables transaction with Synchrony….
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The UK’s proposed Financial Conduct Authority’s (FCA) has proposed a new directory for financial services workers to make it easier for people to be confident they can find the right people to deal with….
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Interview with Mr Benoît CÅ”uré, Member of the Executive Board of the European Central Bank, in Le Figaro, conducted by Mr Fabrice Nodé-Langlois and published on 25 June 2018….
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Speech by Mr Javier Guzmán Calafell, Deputy Governor of the Bank of Mexico, at the panel on “End of QE and Rising Interest Rates: Implications for Advanced and Emerging Markets Economies”, during the 24th Reserve Management Seminar, organized by UBS, Thun, Switzerland, 26 June 2018….
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Translation of an interview with Mr Agustín Carstens, General Manager of the BIS, in the Basler Zeitung, 25 June 2018. “San Agustín”, Saint Augustine, is how he is still referred to by many Mexicans – exceptional reverence for a former politician in a country where the most powerful are…
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France-based Societe Generale has agreed to acquire the equity markets and commodities business (EMC) of Commerzbank for an undisclosed price….
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Groupe BPCE has become the first banking group in France to provide instant payment to its customers with Natixis Payments….
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Life Insurance Corporation of India (LIC) has secured approval from the Insurance Regulatory and Development Authority of India (IRDAI) to increase its stake in the IDBI Bank from 10% to 51%….
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Nordea, a Nordic financial services group, has signed an agreement to acquire Norway-based online bank, Gjensidige Bank, in a deal valued at NOK5.5bn (€578m)….
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The UK’s New Payment System Operator (NPSO) said that it has taken on regulatory responsibility for cheque paper and cheque image clearing systems….
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Application deadline: 22 July 2018 | Banking department | Location: Basel, Switzerland……
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Basel Committee issuing technical amendment on the Treatment of extraordinary monetary policy operations in the Net Stable Funding Ratio, June 2018….
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Chase has announced that its all-mobile bank, Finn by Chase is now available nationwide to iOS users, offering millions of consumers a fully digital banking experience that helps them spend smarter and save better….
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Natixis Investment Managers has expanded its private debt capabilities with the acquisition of UK-based credit specialist, MV Credit….
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The UK government’s Department for International Trade (DIT) is backing GMEX Group in the establishment of a new exchange trading ecosystem in Mauritius….
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Forcht Bancorp has reached an agreement to purchase Watch Hill Bank in Cincinnati, Ohio, by acquiring all the outstanding shares of MW Bancorp, the holding company for Watch Hill Bank….
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Welcome speech by Mr Luis M Linde, Governor of the Bank of Spain (until 11 June 2018), at the High-Level Seminar “Strengthening the economic governance of the euro – short-term priorities and the long-term view”, Bank of Spain, Madrid, 23 May 2018….
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Speech by Mr Luis M Linde, Governor of the Bank of Spain (until 11 June 2018), at the 25th Financial Sector Meeting “Innovation, Transformation and Reputation”, organized by Deloitte, Sociedad de Tasación and ABC, Madrid, 23 May 2018….
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Keynote speech by Dr Veerathai Santiprabhob, Governor of the Bank of Thailand, at the ACMECS CEO Forum, Bangkok, 15 June 2018….
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Speech by Mr Yannis Stournaras, Governor of the Bank of Greece, at the International Conference “The Future of Money: Trend-Alternatives-Potentials”, The American School of Classical Studies (Gennadius Library), Athens, 24 May 2018….
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Column by Mr Agustín Carstens, General Manager of the BIS, in the Financial Times, 25 June 2018. At first glance, the skies above financial markets look sunny, notably for credit markets. Term and credit spreads as well as volatility are very low by historical standards, while valuation and asset…
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Speech by Hyun Song Shin, Economic Adviser and Head of Research of the BIS, on the occasion of the Bank’s Annual General Meeting, Basel, 24 June 2018. Much has already been said about the impractical nature of cryptocurrencies as means of payment and the scope for fraud and other illicit activit…
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Speech by Mr Agustín Carstens, General Manager of the BIS, on the occasion of the Bank’s Annual General Meeting, Basel, 24 June 2018. It is my pleasure to welcome you to the presentation of the first ever BIS Annual Economic Report. The first three chapters review global developments, prospects…
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Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, on the occasion of the Bank’s Annual General Meeting, Basel, 24 June 2018. Macroprudential frameworks have become a key new element of the post-crisis financial reforms designed to ensure financial stability. Th…
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MYbank, an online private commercial bank in China with a focus on SME financing, has announced the launch of the Star Plan to open up its proven AI, computing and risk management capabilities to financial institutions in China….
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Indiana-based Old National Bancorp has agreed to acquire Minnesota-based KleinBank in a deal valued at around $433.8m….
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Application deadline: 5 August 2018 | Finance | Location: Basel, Switzerland……
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There is no consensus in the empirical literature on the direction in which U.S. monetary policy affects cross-border bank lending. We find robust evidence that the impact of the U.S. federal funds rate on cross-border ……
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Application deadline: 22 July 2018 | Meeting Services | Location: Basel, Switzerland……
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Panel remarks by Mr Luiz Awazu Pereira da Silva, Deputy General Manager of the BIS, at the CV Meeting of Central Bank Governors of CEMLA – Asuncion, Paraguay, 5 June 2018….
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Finastra has acquired Malauzai, a provider of mobile and Internet banking solutions for community financial institutions….
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US-based BOK Financial has signed an agreement to acquire CoBiz Financial in a deal valued at around $1bn….
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Speech by Mr Peter Praet, Member of the Executive Board of the European Central Bank, at the Congress of Actuaries, Berlin, 6 June 2018….
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Address by Mr Christopher Kent, Assistant Governor (Financial Markets) of the Reserve Bank of Australia, at the Australian Government Fixed Income Forum 2018, Tokyo, 6 June 2018….
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Press Release on the pre-release of two special chapters of the Annual Economic Report of the BIS, 17 June 2018. Trust is the missing link in today’s cryptocurrencies – Cryptocurrencies’ model of generating trust limits their potential to replace conventional money, the Bank for Internationa…
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Coinage, the company making cryptocurrency investing easier and more secure for traders and investors, announced a new mobile-friendly cryptocurrency exchange, called Coinage Exchange….
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Poland-based Alior Bank has unveiled plans to collaborate with solarisBank, Raisin and Mastercard to establish a pan-European digital bank….
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Swedish call-screening app Truecaller has acquired Indian multi-bank payments app, Chillr, for an undisclosed sum….
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PayStand, the B2B payment platform for the future of business, has expanded its digital platform into Canada to support domestic B2B commercial payments and deepen its global payments infrastructure….
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Speech by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the 2018 Economic Briefing of the American Chamber of Commerce of the Philippines, Inc. (AMCHAM), Manila, 24 April 2018….
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Speaking points by Mr Mojmír Hampl, Vice Governor of the Czech National Bank, at the Annual Research Conference of the Central Bank of Ukraine, Kiev, 1 June 2018….
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Welcome address by Ms Jessica Chew Cheng Lian, Deputy Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the Joint IFRS Foundation & MASB Regional Workshop “IFRS 17 Insurance Contracts”, Kuala Lumpur, 17 May 2018….
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Flexiti Financial has acquired $250m worth Canadian private label credit card portfolio from TD Financing Services (TDFS)….
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How do the Chinese authorities fix the centre of the renminbi’s daily trading band? To what extent do other emerging market currencies track renminbi moves against the dollar? Both questions interest policymakers, academics and market participants. ……
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Speech by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the International Risk Management Conference, Paris, 8 June 2018….
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Introduction speech by Mr Klaas Knot, President of the Netherlands Bank, at the DNB High-Level Seminar, Amsterdam, 24 May 2018….
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Speech by Mr Mark Carney, Governor of the Bank of England, at the Markets Forum 2018, Bloomberg Headquarters, London, 24 May 2018….
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Application deadline: 15 August 2018 | Banking Department | Location: Basel, Switzerland……
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The Paul Woolley Centre for the Study of Capital Market Dysfunctionality Eleventh Annual Conference in collaboration with the BIS, Financial Markets Group, London School of Economics, London, 7-8 June 2018….
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The paper studies the evolution and key drivers of residential investment in 15 advanced economies since the 1970s. It also analyses how residential investment growth affects overall economic activity and the likelihood of recessions. ……
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Remarks by Mr Daniel Mminele, Deputy Governor of the South African Reserve Bank, at the annual Financial Markets Department cocktail function, Johannesburg, 10 May 2018….
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Keynote address by Mr Fabio Panetta, Deputy Governor of the Bank of Italy, at the SUERF/BAFFI CAREFIN Centre Conference “Do we need central bank digital currencies? Economics, technology and psychology”, Bocconi University, Milan, 7 June 2018….
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Speech by Mr Lars Rohde, Governor of the National Bank of Denmark, at the VL Summit, Copenhagen, 7 June 2018….
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The UK government has sold a 7.7% stake in Royal Bank of Scotland (RBS) for £2.5bn, as part of its efforts to restore its private ownership….
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Mid Atlantic Capital Group has completed its previously announced strategic transaction with Parthenon Capital Partners and Waterfall Asset Management….
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Speech by Mr Erkki Liikanen, Governor of the Bank of Finland, Helsinki, 10 April 2018….
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Opening remarks by Ms Anita Angelovska-Bezoska, Governor of the National Bank of the Republic of Macedonia, at the NBRM Workshop on Fintech, Skopje, 28 May 2018….
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Speech by Sir Jon Cunliffe, Deputy Governor for Financial Stability of the Bank of England, at the FIA International Derivatives Expo 2018, London, 5 June 2018….
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Opening remarks by Mr Haruhiko Kuroda, Governor of the Bank of Japan, at the 2018 BOJ-IMES Conference “Central Banking in a Changing World”, hosted by the Institute for Monetary and Economic Studies, Bank of Japan, Tokyo, 30 May 2018….
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BIS Quarterly Review for June 2018: Over the last decade, the size and structure of the global credit default swap (CDS) market have changed markedly. With the help of the BIS derivatives statistics, we document how outstanding amounts have fallen, central clearing has risen and the composition of u…
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Digital payments provider Visa has launched a $100m investment program to support development of European FinTech solutions….
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Keynote address by Mr Javier Alonso, Deputy Governor of the Bank of Spain, at the 50th International Capital Market Association (ICMA), Annual Conference, Madrid, 31 May 2018….
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Speech by Mr Liviu Voinea, Deputy Governor of the National Bank of Romania, at the Conference CEPS-IMF Spring 2018 Regional Economic Outlook, Brussels, 15 May 2018….
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Remarks by Mr Sylvain Leduc, Deputy Governor of the Bank of Canada, to the Association des économistes québécois and CFA Quebec, Quebec, 31 May 2018….
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Speech by Mr Juyeol Lee, Governor of the Bank of Korea, at the 2018 Bank of Korea International Conference, Seoul, 4 June 2018….
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Application deadline: 30 June 2018 | Corporate Security | Location: Basel, Switzerland……
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Principal Financial Group has agreed to acquire financial technology company RobustWealth, as part of its efforts to expand its digital capabilities….
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Speech by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the 65th Annual Convention and General Membership Meeting of the Rural Bankers Association of the Philippines (RBAP), Davao City, 21 May 2018….
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Speaking points by Mr Mojmír Hampl, Vice Governor of the Czech National Bank, at St. Antony’s College, University of Oxford, Oxford, 21 May 2018….
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Deutsche Bank has launched new DB Privat- und Firmenkundenbank to serve private and commercial clients in Germany……
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Application deadline: 30 June 2018 | Monetary & Economic Department | Location: Basel, Switzerland……
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Application deadline: 30 June 2018 | Corporate Facility Management | Location: Basel, Switzerland……
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Crédit Mutuel has collaborated with IBM to devise new ways of working to better serve the bank’s 12 million customers….
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Speech by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the presentation of the New Generation Currency (NGC) banknotes and coins to President Rodrigo R. Duterte, Manila, 9 May 2018….
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Speech by Ms Sabine Lautenschläger, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, at the Biannual high-level networking seminar on economic and financial issues, organised by Danmarks Nationalbank, Copenhagen, 14 May…
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Speech by Mr Mark Carney, Governor of the Bank of England and Chairman of the Financial Stability Board, to the Society of Professional Economists, London, 24 May 2018….
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Panel remarks by Mr Agustín Carstens, General Manager of the BIS, at the Sveriges Riksbank’s 350th anniversary conference on “350 years of central banking: the past, the present and the future”, held at the Riksdag, Stockholm, 25 May 2018….
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Speech by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at InstaPay Go Live, Manila, 23 April 2018….
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Speech by Ms Lael Brainard, Member of the Board of Governors of the Federal Reserve System, at the Association of Neighborhood and Housing Development Eighth Annual Community Development Conference Build.Community.Power, New York City, 18 May 2018….
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Opening remarks by Mr Luis M Linde, Governor of the Bank of Spain, at the Bank of Spain-IMF High-Level Seminar “Spain – from recovery to resilience”, Madrid, 3 April 2018….
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Op-ed by Mr Agustín Carstens, General Manager of the Bank for International Settlements, published in Börsen-Zeitung under the title “Technology is no substitute for trust”, 23 May 2018….
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Speech by Mr Ed Sibley, Deputy Governor (Prudential Regulation) of the Central Bank of Ireland, at the Institute of International and European Affairs, Dublin, 16 May 2018….
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Independent Bank Group has agreed to acquire financial services firm Guaranty Bancorp in a deal valued at around $1bn….
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Speech by Mr Nestor A Espenilla, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the AMRO-BSP Joint Seminar on Asia’s Emergence in the New World Order: Growth, Integration and Resilience, Manila, 3 May 2018….
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IMM, a provider of eSignature solutions designed exclusively for financial institutions, has added 84 new banks to its customer roster….
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Speaking points by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the Eurofi conference, Sofia, 27 April 2018….
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Investment management solutions provider SimCorp has been selected to transform CaixaBank Asset Management’s front to back office operations….
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Remarks by Mr Philip R Lane, Governor of the Central Bank of Ireland, at the Conference of African Ministers of Finance, Planning and Economic Development, United Nations Economic Commission for Africa Addis Ababa, Addis Ababa, 14 May 2018….
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Speech by Mr Randal K Quarles, Vice Chairman for Supervision of the Board of Governors of the Federal Reserve System, at the “Ring-Fencing the Global Banking System: The Shift towards Financial Regulatory Protectionism” Symposium, sponsored by the Harvard Law School Program on Internationa…
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PayPal Holdings has agreed to acquire Swedish financial technology firm, iZettle, in a deal valued at $2.2bn….
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Panel comments by Mr Már Guðmundsson, Governor of the Central Bank of Iceland, at the 50th Anniversary Conference of the Central Bank of Malta, Valletta, 4 May 2018….
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Application deadline: 10 June 2018 | Banking | Location: Basel, Switzerland……
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Remarks by Mr Muhammad bin Ibrahim, Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the AICB Graduation Ceremony 2018 “Bankers as Guardians of the Financial System”, Kuala Lumpur, 12 May 2018….
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Macquarie Group’s Banking and Financial Services group (BFS) has unveiled plans to combine its private bank and private wealth businesses and concentrate on high net-worth clients….
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Multi-asset electronic trading solutions provider smartTrade Technologies has launched cryptocurrency trading on its FX Trading Platform….
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Remarks by Mr Luiz Awazu Pereira da Silva, Deputy General Manager of the BIS, at the Joint BIS-PIIE Roundtable on “Global interdependence: rethinking international policy coordination with a special focus on macroprudential policies”, Washington DC, 18 April 2018….
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Remarks by Ms Sarah Breeden, Executive Director of International Banks Supervision of the Bank of England, following the second formal meeting of the Green Finance Initiative and Green Finance Committee, London, 19 March 2018….
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Speech by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the 39th meeting of the Governor’s Club of The Central Asia, Black Sea Region and Balkan Countries, Bodrum, Turkey, 14 May 2018….
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Speech by Mr Alex Brazier, Executive Director for Financial Stability Strategy and Risk of the Bank of England, at the London Business School Asset Management Conference 2018, London, 26 April 2018….
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Speech by Mr Mario Draghi, President of the European Central Bank, at the European University Institute, Florence, 11 May 2018….
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Speech by Ms Lael Brainard, Member of the Board of Governors of the Federal Reserve System, at the Decoding Digital Currency Conference, sponsored by the Federal Reserve Bank of San Francisco, San Francisco, California, 15 May 2018….
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Interview with Mr Vítor Constâncio, Vice-President of the European Central Bank, in the Financial Times, conducted by Ms Claire Jones on 11 May and published on 16 May 2018….
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European payments and transactional services provider Worldline has signed an agreement to acquire SIX Payment Services (SPS) in a deal valued at around €2.3bn….
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Address by Mr Ong Chong Tee, Deputy Managing Director (Financial Supervision) of the Monetary Authority of Singapore, at the LIA Annual Luncheon, Singapore, 7 March 2018….
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Speech by Dr Jens Weidmann, President of the Deutsche Bundesbank and Chairman of the Board of Directors of the Bank for International Settlements, at the farewell reception for Dr Andreas Dombret and Carl-Ludwig Thiele, Frankfurt am Main, 4 May 2018….
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Speech by Mr Fabio Panetta, Deputy Governor of the Bank of Italy, at the Harvard Law School Bicentennial Annual Reunion of the Harvard Law School Association of Europe, Rome, 12 May 2018….
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The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) issuing the “Criteria for identifying simple, transparent and comparable short-term securitisations”, May 2018….
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