United States
New York Federal Reserve – Annual Report 2008
New York Federal Reserve’s Annual Report shows its balance sheet tripled in the past year
Fed enhancing large institutions’ oversight: Tarullo
Federal Reserve’s Daniel Tarullo says supervision of large institutions to get a new boost
More than a fifth of jobs not advertised
Philadelphia Federal Reserve studies vacancies, hires, and vacancy yields in the US job market
Beige Book points to economic stabilisation
Federal Reserve’s Beige Book suggests decline in economic activity is ceasing
Bankers warn against financial protectionism
IIF sees risk as a result of national governments’ efforts to restore confidence
Italy’s Visco : target global imbalances
Bank of Italy’s Ignazio Visco says that macroeconomic imbalances must be taken care of
Central counterparties for CDS compared
Ad hoc industry group comprising both buy-side and sell-side publishes report on credit-default-swap central counterparties
Lender recourse increases the likelihood of default
Richmond Federal Reserve shows the impact of lender recourse on mortgage defaults
Fed’s Greenlee: further stress testing needed
Federal Reserve’s Jon Greenlee says that many institutions would benefit from additional stress testing
IMF sees world economy coming out of recession
International Monetary Fund says global economy pulling out of recession, but recovery expected to be sluggish
Fed’s Kohn sets out case for independence
Federal Reserve’s Donald Kohn appeals to lawmakers to maintain independent central bank
Counterparty risk drives foreign-exchange swap market
Bank for International Settlements investigates dislocations in the foreign-exchange swap market between the dollar and three major European currencies
Hong Kong’s markets mirror US in turbulent times
Hong Kong Monetary Authority looks at financial market interactions with the US and mainland China
Washington's timetable for regulatory reform
Patton Boggs, a law firm,sets out how and when Obama's proposals for US financial regulation reform will become law in 2009
US's Moran on sovereign wealth
Malan Rietveld talks to Jim Moran, a Democratic member of the Unites States House of Representatives and co-chair of the Congressional Task Force on Sovereign Wealth Funds.
Bernanke responds to claims of Merrill cover-up
Ben Bernanke, the chairman of the Federal Reserve, on Thursday claimed that the central bank had acted "with the highest integrity" in discussions with Bank of America over its takeover of Merrill Lynch, a now defunct investment bank.
Fed declares victory on deflation risks
The Federal Open Market Committee (FOMC) on Wednesday signalled that it no longer believes a serious threat of deflation exists.
Treasury's Allison: financial system more stable
There are tentative signs that the financial system is beginning to stabilise and that the US Treasury's efforts have made an important contribution to this, said Herbert Allison Jr, the assistant secretary for financial stability at the US Treasury.
FSA's Turner pushes for tax on size
Adair Turner, the chief executive of the Financial Services Authority, has joined the growing chorus of calls for limits on banks' size.
Fed plans changes to repo markets - report
The Federal Reserve is considering a major overhaul to repo markets, where banks globally raise overnight dollar loans, reports say.
Rejigging the OTC derivatives market
Patricia White, an associate director at the division of research and statistics at the Federal Reserve, has testified on how the central bank believes the derivatives market should be regulated.
Central banks right for stability role
One regulatory organisation in each country should be responsible for overseeing the stability of the overall financial system and that organisation should be the central bank, new research argues.
Liquidity facilities and interbank lending
This paper by economists from the Federal Reserve Bank of San Francisco finds that the liquidity facilities introduced by central banks during the current crisis helped lower the liquidity premium in term interbank rates.