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The Bank for International Settlements, Basel
More profitable banks tended not to cut their “systemic footprint” after regulators imposed tougher post-crisis capital rules, research published by the Bank for International Settlements finds.
In...
CBL governor Riad Salameh
The Office of the Attorney General of Switzerland has confirmed it is investigating Lebanon’s central bank over allegations of money laundering and embezzlement.
News agency Reuters reported on January 19 that the OAG was investigating...
The Bank for International Settlements, Basel
Sector-specific shocks are a major driver of credit cycles in both the bank and non-bank sectors, a working paper published by the Bank for International Settlements...
News Release 2021-12 | January 19, 2021
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WASHINGTON—The Office of the Comptroller of the Currency (OCC) today approved a final rule confirming the OCC’s use of supervisory guidance for banks.
The...
François Villeroy de Galhau
The Banque de France’s governor, François Villeroy de Galhau, said the central bank will dramatically reduce its investments in fossil fuels over the next few years.
The BdF will cut its exposure to coal this...
News Release 2021-11 | January 19, 2021
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WASHINGTON—The Office of the Comptroller of the Currency (OCC) today published the latest edition of its Community Developments Investments newsletter, “Strengthening Communities With...
David Bailey, Bank of England
Ever since the Brexit vote in 2016, European banks have been wondering whether trading books might end up being almost entirely split between the European Union and...
The National Bank of Romania
Romania’s central bank cut all three of its policy rates on January 15, citing a rapid recent fall in inflation.
The National Bank of Romania (NBR) cut its...
Aftermath of an earthquake in Japan
A working paper published by the Bank of Italy looks at the effects of natural disasters on the natural interest rate and inflation.
In Rare disasters, the natural interest rate and monetary...
News Release 2021-10 | January 15, 2021
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WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced it has assessed a $3.5 million penalty against James Strother for his...
