Central Banks
Apac central banks reassure amid Credit Suisse woes
Central banks in Australia, Singapore and Hong Kong say banking systems remain stable
US banks tap $11.8 billion from new Fed facility
Fed set up Bank Term Funding Program in wake of Silicon Valley Bank’s collapse
Lebanese judge questions governor
Salameh interviewed in presence of European officials after initially refusing to be questioned
Pandemic purchases averted ‘destabilising loop’, BIS finds
Central banks tended to use different tactics in advanced and emerging economies, report says
PBoC to cut reserve requirement ratio
Top officials have previously called for use of the policy tool to boost economy
China to set up new party-led financial supervisors
New committees to be established by end of 2023 as part of wider supervisory change
What are the systemic lessons of SVB?
Philip Turner says the collapse of SVB reveals deeper issues than many have realised
Denmark adjusts rates after ECB increase
Central bank warns inflationary pressures will remain high and calls for fiscal caution
Fed’s Bowman warns of need for crypto standards
Board of governors member says banks’ use of third-party service providers also increases risk
ECB continues tightening despite financial risks
Lagarde says there are no trade-offs between financial stability and inflation
BoE may have ‘too much to do’, experts warn
Secondary remits may be diverting attention from key tasks, House of Lords committee hears
Vietnam cuts rates after PM demands real estate action
SBV cuts rates as property developers face growing debt problems
SNB to lend up to $54 billion to Credit Suisse
Swiss central bank and supervisory authority say bank meets capital requirements
Financial stability risks add uncertainty to ECB policy path
Central bank broadly expected to deliver another 50bp rate hike, taking rates to 3%
US banking collapses muddy monetary policy outlook
Bank failures raise question of whether Fed can maintain stability while tightening policy
BoJ flags risk management problems at banks
Central bank also tries to allay concerns over Japanese banks amid SVB crisis
BoE says more work needed to assess climate capital rules
Campaigners disappointed by lack of action on building resilience to climate change
Fed launches supervision review in wake of SVB collapse
Vice-chair for supervision says central bank needs to show “humility” after bank failure
Central database is ‘cornerstone’ of open banking
Cyber security and financial literacy are key obstacles to data-sharing, experts say
Sarb deputy warns on growth prospects
Cassim says economy is “remarkable for the wrong reasons”