Financial crisis
Sovereign bonds lost safe haven status in crisis: Bundesbank
Bundesbank study on sovereign bond spreads finds marked change in perceived risk of holding government debt following the bailout of Bear Stearns
BIS’s Caruana warns macroprudential policies may have unintended consequences
Bank for International Settlements general manager Jaime Caruana says macroprudential policies alone do not guarantee protection from systemic risks
Cyprus's Orphanides: central banks in best position to supervise risks
Cypriot central bank governor Athanasios Orphanides says central banks are in best position to oversee macroprudential risks
Swiss banks return to profit: SNB
Swiss National Bank report finds banks in Switzerland recorded moderate profits last year following heavy losses in 2008
Ireland's Honohan outlines central bank's failures
Irish central bank governor Patrick Honohan cites failures in bank management for poor response to crisis in central bank review
CentralBanking.com panel: ECB’s response to Greek crisis too slow
Mike Williams, Paul Mortimer-Lee, and Phil Davis say the ECB should have moved more swiftly to tackle the fiscal problems in Greece
Spanish banks’ reliance on ECB hits record levels
Data published by Spain’s central bank shows the country’s banks exhibiting an increasing level of dependence on the eurosystem, officials dismiss talk of bailout
Markets unfazed by Moody’s Greek walloping
Bulk of European bourses gain despite rating agency’s four notch downgrade of Greek sovereign debt; analysts link calm to tardiness of downgrade and renewed risk appetite
Low savings widened Southern Europe's fiscal gap: IMF paper
Fund study finds lack of savings in Southern European countries caused large current account deficits to form in the run-up to the global financial crisis
BIS’s Cecchetti: cross-border supervision worth the risk
Head of monetary and economic department at the Bank for International Settlements Stephen Cecchetti says benefits of global financial integration outweigh costs
IMF: central banks face unpopular choices in making up fiscal gap
An IMF study says central banks may come under pressure from governments to inflate their way out crisis
RBA: Australian bond market weathered financial crisis very well
Reserve Bank of Australia study shows Australia’s bond markets functioned well during the financial crisis
NY Fed’s Sack on central banks’ role as liquidity providers
New York Fed markets chief Brian Sack says provision of liquidity to markets essential, but unconventional programs must be reviewed
Shilling weakened after Kenya bought euros, say analysts
Analysts link recent weakness in Kenya’s shilling to euro purchases by the central bank
Asian economies not autonomous from Europe: IMF's Shinohara
Fund deputy managing director Naoyuki Shinohara touches on lessons from the crisis and how shocks in Europe reverberated in Asia
Boston Fed - Annual Report (2009)
Boston Federal Reserve's Annual Report shows economic difficulties persisted through last year
RBA's Stevens warns of high indebtedness in households sector
Reserve Bank of Australia governor Glenn Stevens discusses lessons from Europe's debt crisis
ECCB - Annual Report 2008/2009
Eastern Caribbean Central Bank's Annual Report shows the impact of financial crisis on the currency union
Malaysia's Ghani on regulation during the crisis
Bank Negara Malaysia deputy governor Zamani Abdul Ghani says regulatory reforms served Malaysia well during the crisis
Kenya’s Ndung’u moves to allay fears over 'weakening shilling'
Kenyan central bank governor Njuguna Ndung’u says currency's ten-year low against dollar is a result of fallout from Greek crisis
Canada’s Carney praises ‘decisive’ ECB step
Bank of Canada governor Mark Carney lends support to European Central Bank’s disputed bond purchase programme; says fiscal, not monetary exit will be tricky
Ireland’s Honohan to criticise central bank’s role in crisis: reports
Irish media say report authored by central bank chief Patrick Honohan will charge his own institution and the financial regulator with having failed in the lead up to the country’s banking crisis
Mix of bad luck and policy fuelled credit boom in Eastern Europe
IMF research finds both bad luck and poor policymaking led to credit boom in new EU member states
IMF: Capital, not liquidity, limited post-crisis lending
Fund paper on bank lending finds that capital rather liquidity constraints froze lending following the 2007 sub-prime mortgage crisis