Financial Stability
Fed’s Duke is optimistic for 2010
Elizabeth Duke, a governor of the Federal Reserve Board, says she is optimistic that the volume of bank loans will increase this year
How risk management will evolve: RBI’s Thorat
Usha Thorat, a deputy governor of the Indian central bank, says business models and an intuitive approach to risk are key to banks’ success post-crisis
Who should decide on LoLR support?
Central Bank of Uruguay’s Jorge Ponce looks at who should decide on emergency liquidity assistance
Brazil broadens settlement universe
The Brazilian central bank grants brokers and dealers direct access to its Selic settlement system
Bank of Estonia – Financial Stability Review 2/2009
Bank of Estonia says borrowers’ capability to repay debt is the main risk to stability
Bank of Italy – Economic Bulletin January 2010
Bank of Italy – Economic Bulletin January 2010 Bank of Italy says recovery will be sluggish in 2010 and 2011
Bank of Korea - Financial Statement Analysis (Q3 2009)
Analysis points to low growth in the three months to September 2009, but notes some reasons for optimism
Israel’s Hizkiyahu on financial regulation architecture
Bank of Israel’s Rony Hizkiyahu says move from sectorial to functional regulation key
Federal Reserve -- Beige Book
US central bank’s first report for 2010 shows the economy continuing to improve
Greece must help itself: Trichet
Jean-Claude Trichet, the ECB’s president, says the debt-ravaged country must act firmly to save itself and cannot expect special treatment
Iceland -- Financial Stability Report 2009
Central bank's report shows a lack of international support for rescuing systemically important institutions
PNG’s kina is a commodity currency
Bank of Papua New Guinea looks at determinants of kina’s exchange rate
Euro counterfeits soar 30%
ECB statistics show 860,000 forged euro banknotes recovered in 2009
Botswana extends note exchange
Bank of Botswana gives public three months grace to exchange pula banknotes, enlists commercial banks and post offices for operation
How cash flow shocks spread: ECB paper
ECB paper finds local shocks can spread quickly through banks and non-financial firms, even without defaults
Reserve Bank of Australia Bulletin (December 2009)
The December installment of the RBA's monthly bulletin contains articles on regulation and domestic economic developments
Systemic risk ebbing away: ECB's Papademos
ECB vice-president says financial system support measures have worked
Post-crisis bank behaviour: lessons from South America
International Monetary Fund paper uses data from banks in Mercosur trading bloc to investigate longer-term impact of turmoil on industry
A century of financial crises in New Zealand
Recent analysis from the Reserve Bank of New Zealand suggests that improvements in policy will reduce the risk of a currency crisis going forward
Cut expenditure as soon as recovery firms: RBI’s Gopinath
Reserve Bank of India deputy governor Shyamala Gopinath says spending will have to be reined in to protect and foster the country’s economic growth
Turkish cuts beginning to ease credit markets
Central Bank of Turkey says loosening has started to produce improvements in financial sector
Euroclear appoints new CEO
Settlement services provider names HSBC’s Tim Howell as replacement from Pierre Francotte
Bundesbank – Monthly report (Nov 2009)
German central bank’s monthly report documents the manufacturing-led recovery in global trade and stresses the need for fiscal consolidation in 2010
Leverage constraints: the Canadian experience
Bank of Canada paper shows that domestic banks fared better in the lead up to the crisis for having leverage ceilings; highlights some practical concerns