Bank for International Settlements (BIS)
Venezuela transfers $20 bn reserves to BIS
Venezuela has transferred $20 billion worth of its reserves to the Bank for International Settlements in Switzerland, Venezuela's central bank director Domingo Maza Zavala was quoted as saying, confirming comments by President Hugo Chavez last week.
Communique from G10 ministers and governors
The Finance Ministers and Central Bank Governors of the countries of the Group of Ten met in Washington, D.C. on 25 September.
BIS's Knight on challenges to financial stability
In the speech 'Challenges to financial stability in the current global macroeconomic environment' given on 6 September, Malcolm Knight of the BIS said the global financial system of today is vastly more efficient and resilient to small or moderate shocks…
BIS Quarterly Review, September 2005
The Bank for International Settlements published its September 2005 Quarterly Review on Monday 5 September. Investors showed mounting anxiety over energy costs in late August, the report said.
BIS's Knight on the global economy
In the speech 'The global economy: so far so good?' given on 8 July (published 11 August) Malcolm Knight of the BIS analyses recent global macroeconomic trends.
BIS's Knight on the year 2004-05 in review
In the speech 'Activities of the Bank: the year 2004-05 in review' given on 27 June, Malcolm Knight of the BIS said the legacy of 75 years of central bank cooperation is remarkably strong.
BIS Quarterly Review, June 2005
The Bank for International Settlements published its June 2005 Quarterly Review on Monday 13 June. Corporate bond markets have suffered their worst sell-off since 2002, but overall financing conditions remain favourable, according to the survey.
Central bankers’ cosy retreat
For 75 years the BIS has played a central and sometimes controversial role in bringing central banks together. Harold James reviews a new history of the bank.
How central banks manage their finance
Robert Sleeper analyses the growing risks on central banks’ balance sheets, and asks: should they hold more capital?
International Journal of Central Banking launched
The first issue of the International Journal of Central Banking (IJCB) was published on Thursday 19 May.
BIS to administer EMEAP's investments in ABF2
The EMEAP (Executives' Meeting of East Asia and Pacific Central Banks) Group, comprising 11 central banks and monetary authorities in the East Asia and Pacific region,1 announced on Thursday 16 December the launch of ABF2, the second stage of the Asian…
BIS Quarterly Review, December 2004
Improved macroeconomic data and the stabilisation of oil prices encouraged investors to become more optimistic about the strength of the global economy, the Bank for International Settlements (BIS) said in its Quarterly Review, December 2004.
Netherlands' Wellink on business cycles
In a speech on 'Business cycles and foreign direct investment' given on 23 September, Nout Wellink of the Netherlands Bank and President of the Bank for International Settlements said looking at the current business cycle he is convinced that the worst…
BIS Quarterly Review March 2004
The BIS September 2003 quarterly review, released 8 March, said global equity markets rallied in early 2004 due to investors strong risk appetite, not just economic and corporate fundamentals.
Payment systems in Russia
The Committee on Payment and Settlement Systems (CPSS) has published, under the aegis of the Bank for International Settlements, a reference work on payment systems in Russia, known as the Red Book. As part of this series, the Foreword says, the first…
Basel's best bet is to keep it simple
Much progress has been made in constructing a regulatory capital framework that can benefit both the industry and its regulators. At this late stage, this article in the Financial Times says, careful revision is necessary to guarantee that the five-year…
BIS Quarterly Review, September 2003
The BIS September 2003 quarterly review, released 8 September, is divided into two parts. The first analyses recent developments in financial markets, financing flows in banking and debt securities markets, and activity on derivatives exchanges. The…
Interview: Malcolm Knight
Malcolm Knight, the new head of the Bank for International Settlements, calls for much deeper understanding of the way globalised financial markets actually function. As a global institution, the BIS is well placed to supply such analysis and to draw the…
Former BIS head Crockett joins JP Morgan
Sir Andrew Crockett is to join JP Morgan Chase International as an international ambassador, The Times reports. Crockett was one of the favourites to take over at the Bank of England after leaving the BIS earlier this year. The post, based in New York,…
Basel Committee welcomes FATF recommendations
Basel Committee press release on the Financial Action Task Force's recommendations concerning customer due diligence, 17 July. The Committtee welcomed the FATF's revised recommendations to combat money laundering.
BIS Board invites new member central banks to join
The Bank for International Settlements (BIS) Board has invited six central banks to BIS membership and appointed Hans Tietmeyer as Vice-Chairman of the Board of Directors of the BIS, 30 June.
Iraq shadow over the BIS?
Some European central bankers are said to be unhappy with the recent appointment of Roger Ferguson as head of the Financial Stability Forum. It is not that Ferguson is thought to lack qualifications for the job - quite the contrary, there is much respect…
A BIS embarrassed
Defeat for the BIS by minor shareholders was embarrassing and it has consequences for central banks with private shareholders, reports William Hall.
Interview with Andrew Crockett of the BIS
INTERVIEW - The global financial system is vulnerable to new shocks and officials will have to be on their toes to react should a series of them come together, the outgoing head of the Bank for International Settlements said in an interview Monday.