Banks
Global balance-sheet growth behind dollar scarcity
Bank for International Settlements looks at the causes of the dollar shortage in the global banking system during the crisis
Zambia’s Fundanga: region to upgrade regulation
Bank of Zambia’s Caleb Fundanga says Eastern and Southern Africa’s regulation must adapt to complex cross-border financial institutions and move to consolidated supervision
Euro-area credit standards show signs of easing
European Central Bank’s lending survey shows substantial decline in banks tightening their credit standards
Productivity drives banks’ international efforts
Bundesbank’s research finds that only the largest and more productive banks engage in international activity and set up foreign affiliates
Credit-card discrimination hard to prove
Federal Reserve Board finds no evidence of credit-card companies discriminating against minorities.
Public banks good for growth
Central Bank of Cyprus finds that government ownership of banks has been associated with better long-run growth performance
Turkey’s Yilmaz: Islamic finance a force for stability
Central Bank of Turkey’s Durmus Yilmaz says Islamic finance is not boom-bust driven
Banks’ funding models to blame for the crunch
ECB Executive Board member Gertrude Tumpel-Gugerell says funding switch weakened banks, complex instruments alone not the cause of the crisis
Sounder banks’ borrowers get burned in mergers
Centre for Economic Policy Research (CEPR) looks to Japan for firm-level evidence on the real effects of bank bailouts
ECB’s Stark –regulation must remain on the agenda
European Central Bank’s Jürgen Stark says policymakers should remained focused on improving regulatory framework despite economic “green-shoots”
PBOC’s Su in Taiwan for bill-financing talks
Su Ning, a deputy governor of the People’s Bank of China (PBOC), visits Taiwan to discuss the development of bill financing markets
US Treasury outlines banking reforms
Treasury wants standards to be as uniform as possible across jurisdictions
Chile’s De Gregorio on reform
Central Bank of Chile’s Jose De Gregorio says financial reforms should target incentives of financial intermediaries’ management
Croatia’s Vujcic deputy on “unorthodox” regulation
Croatian National Bank’s Boris Vujcic outlines regulatory approach under euro dominance
Social capital aids stakeholder orientation
Norges Bank says banks located in communities with high social capital have a higher probability of survival
RBA’s Edey: don’t push banks into the shadows
Reserve Bank of Australia’s Malcolm Edey on getting the balance on tougher regulation right
Nigeria suspends trading in troubled banks
Nigerian authorities suspending trading in troubled bank shares and look to foreign investors to restore health
Counterparty risk still large
International Monetary Fund assesses counterparty risk in the United States stemming from exposures to over-the-counter derivatives payables
Fed’s Greenlee: further stress testing needed
Federal Reserve’s Jon Greenlee says that many institutions would benefit from additional stress testing
Russia’s regional banks don’t utilise local info
Bank of Finland shows that local banks in Russia do not possess a superior ability to deal with information asymmetries
UAE to improve banks' corporate governance
The Central Bank of the United Arab Emirates published new draft corporate governance guidelines for the banking sector on Thursday, saying that, as leading contributors to the economy, commercial banks had to have high management and corporate…
Argentina halts some dividend payouts - report
The Central Bank of Argentina has reportedly asked some banks to stop paying dividends to shareholders after stress tests revealed banks could require more capital.
Krugman hints at inflation remedy to fix crisis
Reducing the real value of debt burdens by stoking inflation is possibly the best bet to spur a global economic recovery, Paul Krugman, the Nobel laureate, said on Tuesday.