Bank for International Settlements (BIS)

Research uncovers reasons for interbank spreads

The recent sharp rise in the risk premium contained in three-month interbank rates points to the importance of liquidity factors for banks' day-to-day quoting behaviour, research published by the Bank for International Settlements finds.

BIS's Knight wants procyclicality issue addressed

A strengthening of the so-called "macroprudential approach" to financial regulation is needed to address problems of excessive procyclicality, said Malcolm Knight, the general manager of the Bank for International Settlements.

G7 ministers discuss IMF gold sales

"There was an acceptance among the G7 that resources should be raised by selling gold," said Tomasso Padoa-Schioppa, Italy's finance minister, who is also the head of the International Monetary Fund's (IMF) steering committee (IMFC).

Brown calls for IMF and World Bank reform

The Bretton Woods institutions must adapt to fit the new global economic order where "contagion can move as swiftly as the fastest communication", said Gordon Brown, the British prime minister.

Carry trade returns high but losses heavy

Though carry trades in various Asian currencies tend to outperform major stock markets, there is a relatively high frequency of large negative returns, research published by the Bank for International Settlements finds.

OTC derivatives trade grows by 135%

The value of positions in the over-the-counter derivatives market has increased by 135% in the last three years to $516 trillion, the Bank for International Settlements finds.

Interview: Claudio Borio

Claudio Borio is the head of research and policy analysis at the Bank for International Settlements (BIS). He has published extensively on numerous issues, including the relationship between asset prices and financial and monetary stability, monetary…

Further rapid growth in foreign exchange trading

The volumes of foreign exchange traded has grown by 65% over the last three years, the preliminary results of the Bank for International Settlement's (BIS) triennial survey reveal, with global daily turnover averaging $3.2 trillion in April 2007.

Dugan to replace Witteveen at joint forum

John Dugan, the comptroller of the currency in the US, will head the Joint Forum, a group of senior financial sector regulators, following the death of Dirk Witteveen, an executive director at the Netherlands Bank, earlier this month.

BIS Quarterly Review

The Bank for International Settlements (BIS) published the 'BIS Quarterly Review' on 3 September. It gave an overview of recent developments in financial markets, before turning in more detail to highlights from the latest BIS data on international…

Turkey's payment systems

The Bank for International Settlements (BIS) published a report on payments systems in Turkey on 3 July.

Roth refutes hedge fund risk

The highly leveraged institutions (HLI) industry is "no direct threat to financial stability," Jean-Pierre Roth, chairman of the governing board of the Swiss National Bank and chairman of the board of directors of the Bank for International Settlements,…

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