Financial Stability
IMF paper investigates capital inflows relationships with other factors
IMF researchers study determinants and inter-relationships between capital inflows, financial development and domestic investment in developing countries
Norway’s Olsen advises banks to further strengthen capital ratios
Introducing the latest Financial Stability Report, governor of the Norges Bank urges banks to retain earnings to boost loss-absorbing capacity
Asia regional FSB discusses deleveraging in Europe
Financial Stability Board Regional Consultative Group for Asia focuses on problems arising due to deleveraging of European financial institutions; also share thoughts on recent FSB initiatives
Lagarde hails Turkish reform success
Christine Lagarde completes first visit to Turkey since taking over as managing director at the IMF; praises progress in the country but says economy is now at "critical" juncture
JP Morgan loss flags shortcomings of Volcker rule
Questions raised after chief executive claims new regulation would not have prevented the risky trades that caused JP Morgan to lose $2 billion; first version of regulation may have, says Caprio
Thai governor urges Asian market cooperation
Prasarn Trairatvorakul calls on Asian central banks and financial markets to co-operate; warns harmonisation of systems will not be easy
Praet describes the ECB’s role in the financial crisis
Member of the ECB executive board addresses Austrian central bank conference; echoes colleagues in stressing other routes to recovery must be pursued beyond emergency policy measures
Differing growth predictions demonstrate uneven global recovery
European Commission estimates 0.3% contraction for eurozone GDP; Lithuania and Thailand meanwhile revise growth estimates upwards
New coins celebrate leadership change in Taiwan
Taiwanese central bank announces minting of gold and silver commemorative coins in recognition of the new president and vice-president
Robert Pringle’s Viewpoint: Under pressure from Hollande and Obama
François Hollande, the new president of France, takes up residence in the Elysée Palace at a time when significant economic adjustment is taking place in the eurozone, albeit at high cost. His victory looks set to add to pressure on central bankers – and…
Bernanke says stronger banks will lead to 'robust' economy
Fed chair outlines progress made by financial sector; says improved credit conditions will play a part in creating a robust economy in the US
Bank of Spain plays down bank nationalisation talk
Spanish central bank says customers and depositors of Banco Financiero y de Ahorros have "no cause for concern" as the possible use of public funds to stabilise the firm is discussed
New Zambian banknotes will not feature a portrait
Bank of Zambia confirms rebased notes will not portray the image of any person; businesses urged to update systems ahead of changeover date
MAS assistant managing director discusses importance of market research
Jacqueline Loh highlights benefits of increased financial research for Asian economies; says risks associated with investing in Asia can be mitigated by enhanced information-gathering
IMF research examines links between governance and stress events
IMF working paper discusses correlation between quality of national governance and the likelihood of economic stress events
Reserve Bank of New Zealand to release latest Basel III proposals
Deputy governor of Reserve Bank of New Zealand says central bank will shortly submit its latest Basel III proposals; continuing fears over global economy highlighted in Financial Stability Report
EFSF withholds funds as pressure increases on Greece
EFSF withholds €1 billion of emergency payout to Greece as voters revolt against austerity measures; ECB’s Nowotny warns time is running out
HM The Queen confirms banking ring fence plan
UK set to see controversial ring fence between retail and investment banking operations introduced after Queen includes the plan in her annual speech before the government
Central Bank of Ireland issues new €20 gold coin
Irish central bank launches commemorative €20 coin; monastic art features on the coin, of which 12,000 will be issued
New deputy governor notes increasing Swedish economic dependency
Kerstin af Jochnick describes points of importance relating to monetary policy and financial stability; highlights growing dependency of Sweden on events abroad
Honohan discusses lessons from central banks' response to financial shocks
Governor of the Irish central bank outlines lessons for central bankers from the impact of shocks to financial system
BIS paper examines potential substitute monetary policy tools
Bank for International Settlements working paper discusses potential for interest rate and capital adequacy requirement tools to contribute to financial stability
Bahrain modernises cheque truncation system
Central Bank of Bahrain announces same day cheque clearing system will go live on May 13; system is part of initiative to improve efficiency and confidence in cheques
First CSDs sign T2S Framework Agreement
Senior European Central Bank officials commend first nine European central securities depositories to sign Framework Agreement for T2S central settlement project