Lack of a fully fungible capital and liquidity regime may limit large-scale mergers between eurozone countries.
Use of complex machine learning models holds pitfalls as well as opportunities, says Lael Brainard.
No evidence that below-zero rates have reduced bank profits overall, says external MPC member Silvana Tenreyro.
Big bank failures because of Covid-19 look unlikely as a result of sweeping regulatory reforms.
With Brexit complete, UK negotiators are now striving to reclaim access to EU financial markets.
Although no more big changes are expected to the Basel framework, it will still be a busy year for compliance departments.
The Swiss Financial Market Supervisory Authority has launched a consultation over increasing transparency around the threats associated with climate change.
Financial Stability Oversight Council has recommended steps for regulators and market participants to address risks to financial stability.
US Federal Reserve has acknowledged the climate change risk, bringing it in line with other central banks and global bodies.
Basel Committee oversight body marks end to post-global financial crisis banking reforms.
US dollar London interbank offered rate (Libor) administrator will keep main tenors of benchmark going until June 2023.
A Democratic administration has big implications for banks as corporate taxes could rise and supervision could become more demanding.
Banks entered Covid-19 crisis better capitalised than during the global financial crisis which should help them handle a surge in NPLs.
Some market participants are lagging in their preparations to transition to alternative interest rate benchmarks.
Leaving the EU poses problems and opportunities for banks under the UK’s new regulation framework.
Central bank and EU authorities have been in talks to set up a ‘bad bank’ to absorb expected surge in NPLs from Covid-19.
Post-Brexit plans for financial sector focus on tackling climate change and promoting fintech.
Commercial banks should keep an eye on the development of central bank digital currencies: they could have a profound impact on the financial system and on banking business models.
Establishing near real-time record of trade prices key to making pan-European project viable, says top European Commission official.
Finance industry faces tricky transition away from the tarnished interbank offered rates (Ibors) to alternative risk free rates.