A twenty-first century BIS

73 years on and the world's oldest international financial organisation with it, the BIS is alive and well. As usual, a swarm of central bank governors great and small descended on Basel last weekend to participate in the BIS annual meetings. This diversity of attendance highlights the BIS's remarkable ability to adapt to the times, having metamorphosed into a very different creature to which it was originally conceived. Straying considerably from its origins as a bank established to

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