Bank for International Settlements (BIS)

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.

BIS Press Release

PRESS RELEASE - Following a proposal by Nout Wellink, Chairman of the Board of Directors and President of the Bank for International Settlements (BIS), the Board of Directors on 13 January appointed Malcolm D Knight as the Bank's new General Manager.

BIS report says stock markets on uptrend

The world's financial and equities markets are heading higher, but the outlook for recovery remains uncertain with disturbing corporate and macroeconomic data, according to a Bank for International Settlements report released Monday.

BOK Governor Park to attend BIS meeting

KOREA - Bank of Korea (BOK) Governor Park Seung is leaving for Mexico today to attend the Bank for International Settlements (BIS) governors meeting scheduled for 10-12 November in Mexico City, the central bank announced yesterday.

Risk Measurement and Systemic Risk

REPORT - A collection of papers that were either presented or are based on presentations at the Third Joint Central Bank Research Conference on Risk Measurement and Systemic Risk, which took place in Basel on 7 and 8 March 2002 at the Bank for…

Committee aid search for new BIS General Manager

PRESS RELEASE - The Board of Governors of the Bank for International Settlements (BIS) has named a committee to assist in seeking a replacement for departing General Manager Andrew Crockett. Mr Crockett has announced his intention to step down at the end…

BIS starts search for Crockett successor

SWITZERLAND - The Bank for International Settlements has started to look in earnest for a new general manager with a committee of senior central bankers outlining the criteria for a successor to Andrew Crockett, a contender to take over the reins at the…

A shroud of secrecy

A new survey by Steve Hanke and Matt Sekerke suggests that while central banks pay lip service to transparency, many of them do not practice it.

Andrew Crockett to leave the BIS

SWITZERLAND - Andrew Crockett today announced that he would be stepping down as general manager of the Bank for International Settlements in March 2003. He delayed the announcement of his departure until the annual general meeting of the BIS in Basle in…

CGFS release report on IT innovation and financing

PRESS RELEASE - Under the auspices of the Bank for International Settlements (BIS), the Committee on the Global Financial System (CGFS) is today releasing a report entitled IT innovations and financing patterns: implications for the financial system, 13…

Speech by Andrew Crockett, General Manager, BIS

SPEECH - The chief of the Basel-based Bank for International Settlements warned on Monday of growing divergence between what accountants and bank supervisors think is good practice, saying clashes were likely. The speech was titled 'Reflections on the…

Banks maintain intl corporate credit exposure - 2Q

UK - Despite the worsening global economic outlook, banks' credit exposure to international corporations in the second quarter remained around the same level as in the first quarter, the Bank for International Settlements revealed.

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