Articles by Daniel Hinge
A decade on: Lehman Brothers at the brink
On September 14, 2008, there remained hope that Lehman could be saved and a crisis averted. Events moved rapidly thereafter
European Commission proposes AML powers for EBA
Jean-Claude Juncker sets anti-money laundering as a priority for the European Union
BoE study finds ‘relatable’ communications boost trust and understanding
Communications that are relatable to people’s lives work best, behavioural experiment finds
RBA suffers payments outage after fire test
“Routine maintenance” led to loss of power at main data centre
Podcast: David Hendry and John Muellbauer on empirical macro
The econometricians cast a sceptical eye over DSGE models and weigh up some alternatives
The perilous road to normality
Many central banks are starting to tighten policy, but their room for error is limited and their final destination unclear. What more can they do?
Turkish lira down 22% as crisis builds
Lira collapses and bond yields soar as Donald Trump unveils fresh sanctions
Data handling – A rethink
Official institutions are maturing as big data users but there is plenty more work to be done.
The data commons: Taking big data global
The International Monetary Fund’s first-ever overarching strategy on data aims to spread big data expertise among fund members. Louis Marc Ducharme discusses the upcoming challenges.
Lira plunges as Turkish rates stay on hold
Central bank inactive despite spiralling inflation and looming debt crisis
Podcast: David Vines on how to reform the DSGE model
Oxford University’s David Vines believes the New Keynesian DSGE model is salvageable – but needs some serious work
SBP ramps up SMS service to handle Eid banknote surge
Service helped millions access fresh notes during the annual demand surge around the festival; system is easy to implement and helps with planning, says Qasim Nawaz
BoE to defend post-crisis regime through ‘running repairs’
Capital regime will need to evolve to stay on top of risks, says Victoria Saporta; BoE set to unveil details of operational resilience requirements
Miles warns too much weight placed on untried regulations
TLAC and the resolution regime may not be enough to substitute for higher capital, former Bank of England official says
BoE to launch ‘cyber stress tests’
Firms will be expected to demonstrate they can recover from a breach within an agreed timescale, or face an intervention from supervisors
Carney criticises EU stance on Brexit issues
Governor describes EBA analysis as “incomplete” and says time is running out for a deal on trillions of dollars in derivatives contracts
Carstens pushes for greater transparency from BIS
New general manager says greater transparency will improve dialogue with central banks
BIS sees ‘narrow’ path to safety as global risks build
BIS softens message on tighter monetary policy, but calls for concerted action as global debt reaches fresh highs
Central bankers share vision for ‘business as usual’ big data
Panellists offer advice on how to build the infrastructure for good data governance
Paul Tucker: UK supervisors’ powers may go too far
Former BoE deputy says some central banks have too much power and not enough accountability; argues QE was necessary but problematic
Dudley calls for ‘aggressive action’ on benchmark reforms
Failure to move to new framework before 2021 could create “large-scale disorder”
Staff begin return to RBNZ HQ after asbestos scare
Central bank has been in “business continuity mode” but some staff have now returned
The toxicology of post-crisis shadow banking
Mark Carney tempted fate in 2017 when he declared the most toxic forms of shadow banking “no longer represent a global stability risk”. Did he speak too soon?
Carney defends communications approach as BoE holds
Central bank criticised for apparent U-turn on rate hike; governor says majority of people in the economy are “not fixated” on the timing of a hike