Banks
BIS research finds greater data sharing needed to monitor systemic risk
Bank for International Settlements working paper says more data sharing is needed at individual bank level to better monitor systemic risk
IMF sounds warning over European deleveraging
Lagarde hopes to ‘significantly’ increase resources available to the IMF during spring meeting; Financial Stability Report also recognises need for increased firewall as deleveraging rages on in Europe
Asmussen offers ECB's take on Irish path to recovery
Jörg Asmussen says Ireland has come a long way but still has work to do; expresses confidence further emergency support from eurozone will not be necessary
Malaysia announces circulation date for new banknotes
Bank Negara Malaysia reveals new banknotes will enter into circulation in July this year; work being carried out to ensure “smooth transition” in the country
Bank of Spain governor warns against complacency
Miguel Fernández Ordóñez outlines progress made in reforming Spanish banking sector; stresses there is more to be done, and that European interventions have merely bought time to push changes through
Fed director cautious of ‘not fully known’ impacts of mobile banking
Sandra Braunstein testifies to US Senate on 'not fully known' ways the use of mobile devices can affect financial services
Draghi applauds team effort on euro turnaround
ECB president says every institution in the eurozone contributed to turnaround witnessed since November; warns there is more to be done
ESRB assesses systemic risks to EU financial system
European Systemic Risk Board analyses key systemic risks to financial system in the EU; uncertainties surrounding sovereign debt and pressures on bank funding among top issues
Interim FPC attacks banks’ progress in raising capital
Interim Financial Policy Committee says banks have yet to accumulate capital levels that would “ensure resilience in the face of prospective risks”; committee also discusses macro-prudential tools
Israel’s Fischer defends banking costs
Stanley Fischer warns forcing banks to reduce fees could cause wider problems; says Israel must be "serious and not populist" in demands on banking sector
National Bank of Ukraine appoints new head of payments systems
Natalia Syniavska takes on role overseeing all payments operations at the Ukrainian central bank
Lithuanian Supervision Service gets new powers
Board of Lithuanian central bank grants Supervision Service right to exercise powers to supervise non-banking financial institutions
Bangladesh Bank governor vows to speed up reforms
Governor pledges to introduce new supervisory safeguards to strengthen banking system
Bank of Greece delivers policy report for ‘critical year’
Greek central bank announces bleak prediction for economy in 2012; calls on government to go above and beyond to ensure reform programme is implemented
King ‘baffled’ by suggestion of internal investigation
Governor of the Bank of England says he is “baffled” by Treasury Select Committee recommendation that the central bank investigate its own handling of the financial crisis
BoE’s Haldane wants to see common financial language
Andrew Haldane calls for consistent language use in financial industry; says financial crisis exposed failures in information systems at many firms
Bernanke highlights importance of community banks
Chairman of the federal reserve says "fair, consistent and informed examinations" must take into account the "size, complexity and individual circumstances" of each bank the Fed oversees
Fed releases stress test results early
Federal Reserve reveals results of latest bank stress testing two days early; finds majority of largest US banks would continue to meet expectations for capital adequacy despite large projected losses
IMF paper studies impact of regulation and taxation on banking
IMF researchers investigate the impact of bank regulation and taxation in a dynamic model with banks exposed to credit and liquidity risk
RBI cuts reserve ratio to improve lending conditions
Reserve Bank of India reduces cash reserve ratio for banks by 75bp; move injects 480 billion rupees into banking system
IMF paper studies bank asset quality in emerging markets
IMF research paper finds significant links between banks' asset quality, credit and macroeconomic aggregates
Fed paper studies the effect of Tarp on bank risk-taking
Discussion paper says the increase in risk-taking without an increase in lending following Tarp capital injections “is suggestive of moral hazard due to government ownership”
Buba discussion paper uncovers secrets of board risk-taking
Researchers find board changes that result in more female executives at banks can lead to increased risk-taking; executives with PhD qualifications reduce risk
Deputy governor renews Bank of Japan attack on Volcker rule
Kiyohiko Nishimura reiterates Bank of Japan’s concerns over unintended consequences of Volcker rule; says “prudent assessment” of potential impact of the rule on other countries is “crucial”