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Central Banks

Singapore risk management

ARTICLE - G10 central bank study says that consolidation has heightened possibility of systemic risk. Central banks of G10 countries recently released a joint study on the impact of consolidation on financial risk, payment systems and monetary policy,…

IMF press conference in London

UK - At 10am UK time today, 20 July, Garry Schinasi chief of the IMF's Capital Markets and Financial Studies Division spoke at a press conference held at the Bank of England.

Non-bank Chinese institutions need funding

CHINA - China's central bank wants to draw private capital into investing in hundreds of cash-starved non-bank financial institutions to boost their financial strength, according to China Securities.

Korea needs to monitor emerging markets

SOUTH KOREA - BOK Gov. Korea should pay close attention to developments in Latin American markets to prevent shockwaves reaching the peninsula, Bank of Korea (BOK) Gov. Chon Chol-hwan said on 18 July.

Russian major bank ratings improve

RUSSIA - Fitch, the international rating agency, has changed the Outlook to Positive from Stable assigned to the Long-term ratings of 'B' of the Savings Bank of the Russian Federation (Sberbank) and Vneshekonombank (VEB). The banks' Short-term,…

Debt Workouts For Corporates, Banks And Countries

SPEECH - David Clementi, Deputy Governor of the Bank of England has spoken at the INSOL International Sixth World Congress at the Hilton Metropole Hotel in London today, 19 July. He spoke about common themes to debt workouts for corporates, banks and…

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