Central Banks
Carney replacement set to be chosen by new government
Next finance minister will have pick of candidates – which could bring Brexit into the equation
BIS annual report warns of big tech threat to banks
Basel-based body wants “level playing field” for banks and tech firms, as Facebook enters payments space
US banks pass first round of stress tests
Deutsche Bank fares well despite last year’s failure and recent bad bank plans
RBNZ places country’s largest bank under scrutiny
In May, central bank withdrew permission for ANZ Bank to assess its own operational risk capital
BoJ moves quietly away from negative rate
BoJ reduces number of current account balances charged a negative interest rate
US company debt and euro public debt are global financial risks – IMF
China’s non-bank financial firms are also a major vulnerability, fund says
UK opposition sees greater role for BoE in fighting climate change
John McDonnell says BoE can do more to drive investment in productive, green sectors
IMF’s IEO outlines plan for capital flows evaluation
Some countries say the fund may now be too quick to endorse capital flow restrictions
RBI deputy Acharya quits early
Viral Acharya was outspoken on issues of independence
Central banks cannot fight a populist Tweet storm – panel
Populist leaders such as Donald Trump comfortably outgun central banks on social media
European banks must change culture – EBA head
Business areas are most in need of change, and boards need better information, Enria says
Carney voices concern over ‘hard Brexit’ tariffs
BoE governor appears to differ with leading candidate to lead UK government
Ramaphosa confirms Sarb mandate remains unchanged
South African president defends central bank independence following attacks from his party
Boston Fed’s Rosengren warns about Japanese banks’ loan holdings
Exposure to CLOs now above Common Equity Tier 1 in one of Japan’s largest banks, data shows
Book notes: Why not default?, by Jerome Roos
Thought-provoking book that will repay investment of any reader with an interest in sovereign debt
Australian central bank may cut rates again – governor
Looser policy may be needed to lower unemployment and boost income, Philip Lowe says
Bundesbank paper presents new model of banks’ risk-taking
Traditional models make error in assuming that banks choose fixed-size portfolios, authors argue