The US SEC has set May 2024 as the implementation date for shortening the standard settlement cycle for US securities transactions, a challenging deadline for the industry to hit. 

The chaos that ensued from the AT1 wipeout at Credit Suisse’s point of failure has raised questions about the future of the asset class.

Credit Suisse had bumper years, particularly during the dotcom boom, and it weathered the 2008 financial crisis reasonably better than UBS. But trouble was never far from the bank’s door. 

While the collapse of SVB might have been predictable, what was surprising was the US regulators’ response and the precedent it sets.

The sale of Credit Suisse to UBS may have preserved market stability for now, but economists warn we are not out of the woods yet. 

Jonathan Chertkow, part of the Hogan Lovells SVB Task Force, recounts the events of the collapse and examines the performance of UK banking regulation.

In an increasingly real-time world, how can companies better fight fraud?

Is the ‘one off’ First Republic rescue enough to quell fears in the US banking system? 

The collapse reminds us of the purpose of capital and liquidity requirements, and raises concerns about the ability of modern technology to fuel deposit flight.

As the prospect of selling their operations in Russia becomes increasingly challenging, should European banks walk away from their Russian operations or wait it out?