Bank for International Settlements (BIS)
BIS Quarterly Review, December 2004
Improved macroeconomic data and the stabilisation of oil prices encouraged investors to become more optimistic about the strength of the global economy, the Bank for International Settlements (BIS) said in its Quarterly Review, December 2004.
Netherlands' Wellink on business cycles
In a speech on 'Business cycles and foreign direct investment' given on 23 September, Nout Wellink of the Netherlands Bank and President of the Bank for International Settlements said looking at the current business cycle he is convinced that the worst…
BIS Quarterly Review March 2004
The BIS September 2003 quarterly review, released 8 March, said global equity markets rallied in early 2004 due to investors strong risk appetite, not just economic and corporate fundamentals.
Payment systems in Russia
The Committee on Payment and Settlement Systems (CPSS) has published, under the aegis of the Bank for International Settlements, a reference work on payment systems in Russia, known as the Red Book. As part of this series, the Foreword says, the first…
Basel's best bet is to keep it simple
Much progress has been made in constructing a regulatory capital framework that can benefit both the industry and its regulators. At this late stage, this article in the Financial Times says, careful revision is necessary to guarantee that the five-year…
BIS Quarterly Review, September 2003
The BIS September 2003 quarterly review, released 8 September, is divided into two parts. The first analyses recent developments in financial markets, financing flows in banking and debt securities markets, and activity on derivatives exchanges. The…
Interview: Malcolm Knight
Malcolm Knight, the new head of the Bank for International Settlements, calls for much deeper understanding of the way globalised financial markets actually function. As a global institution, the BIS is well placed to supply such analysis and to draw the…
Former BIS head Crockett joins JP Morgan
Sir Andrew Crockett is to join JP Morgan Chase International as an international ambassador, The Times reports. Crockett was one of the favourites to take over at the Bank of England after leaving the BIS earlier this year. The post, based in New York,…
Basel Committee welcomes FATF recommendations
Basel Committee press release on the Financial Action Task Force's recommendations concerning customer due diligence, 17 July. The Committtee welcomed the FATF's revised recommendations to combat money laundering.
BIS Board invites new member central banks to join
The Bank for International Settlements (BIS) Board has invited six central banks to BIS membership and appointed Hans Tietmeyer as Vice-Chairman of the Board of Directors of the BIS, 30 June.
Iraq shadow over the BIS?
Some European central bankers are said to be unhappy with the recent appointment of Roger Ferguson as head of the Financial Stability Forum. It is not that Ferguson is thought to lack qualifications for the job - quite the contrary, there is much respect…
A BIS embarrassed
Defeat for the BIS by minor shareholders was embarrassing and it has consequences for central banks with private shareholders, reports William Hall.
Interview with Andrew Crockett of the BIS
INTERVIEW - The global financial system is vulnerable to new shocks and officials will have to be on their toes to react should a series of them come together, the outgoing head of the Bank for International Settlements said in an interview Monday.
BIS Press Release
PRESS RELEASE - Following a proposal by Nout Wellink, Chairman of the Board of Directors and President of the Bank for International Settlements (BIS), the Board of Directors on 13 January appointed Malcolm D Knight as the Bank's new General Manager.
Bank of Canada's Malcolm Knight appointed at BIS
After a four month search the BIS finally announced who would replace Andrew Crockett at the Bank for International Settlements on Monday. The new General Manager will represent the first non-European in the BIS's 73 year history.
BOJ's Hayami to attend BIS meeting in Basel
Bank of Japan Governor Masaru Hayami is due to visit Basel, Switzerland, from Friday to attend a meeting of the Bank for International Settlements (BIS), the central bank said.
BIS report says stock markets on uptrend
The world's financial and equities markets are heading higher, but the outlook for recovery remains uncertain with disturbing corporate and macroeconomic data, according to a Bank for International Settlements report released Monday.
BOK Governor Park to attend BIS meeting
KOREA - Bank of Korea (BOK) Governor Park Seung is leaving for Mexico today to attend the Bank for International Settlements (BIS) governors meeting scheduled for 10-12 November in Mexico City, the central bank announced yesterday.
Risk Measurement and Systemic Risk
REPORT - A collection of papers that were either presented or are based on presentations at the Third Joint Central Bank Research Conference on Risk Measurement and Systemic Risk, which took place in Basel on 7 and 8 March 2002 at the Bank for…
Committee aid search for new BIS General Manager
PRESS RELEASE - The Board of Governors of the Bank for International Settlements (BIS) has named a committee to assist in seeking a replacement for departing General Manager Andrew Crockett. Mr Crockett has announced his intention to step down at the end…
BIS starts search for Crockett successor
SWITZERLAND - The Bank for International Settlements has started to look in earnest for a new general manager with a committee of senior central bankers outlining the criteria for a successor to Andrew Crockett, a contender to take over the reins at the…
A shroud of secrecy
A new survey by Steve Hanke and Matt Sekerke suggests that while central banks pay lip service to transparency, many of them do not practice it.
Behind the scenes in Basel
Neil Courtis ventures into the BIS in Basel and finds an institution in the process of redefining its role.
Andrew Crockett to leave the BIS
SWITZERLAND - Andrew Crockett today announced that he would be stepping down as general manager of the Bank for International Settlements in March 2003. He delayed the announcement of his departure until the annual general meeting of the BIS in Basle in…