Bank for International Settlements (BIS)

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.

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…

CGFS release report on IT innovation and financing

PRESS RELEASE - Under the auspices of the Bank for International Settlements (BIS), the Committee on the Global Financial System (CGFS) is today releasing a report entitled IT innovations and financing patterns: implications for the financial system, 13…

Speech by Andrew Crockett, General Manager, BIS

SPEECH - The chief of the Basel-based Bank for International Settlements warned on Monday of growing divergence between what accountants and bank supervisors think is good practice, saying clashes were likely. The speech was titled 'Reflections on the…

Banks maintain intl corporate credit exposure - 2Q

UK - Despite the worsening global economic outlook, banks' credit exposure to international corporations in the second quarter remained around the same level as in the first quarter, the Bank for International Settlements revealed.

Markets now more resistant to contagion - BIS head

INTERVIEW - Painstaking efforts to strengthen the international financial system are beginning to pay off with global markets resisting contagion from worries over Argentina's debt, according to the general manager of the Bank for International…

BIS International Banking Statistics - Q1 2001

EUROPE - The latest report by the Bank for International Settlements reveals a significant increase in lending to offshore centres in the Caribbean last year, which could be the result of increased hedge-fund activity.

Best practice-monitoring financial stability risks

CENTRAL BANK RESEARCH - The Bank for International Settlements has published a new book "Marrying the macro- and microprudential dimensions of financial stability" which is contributed to by senior central bankers from all round the world and looks at…

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