Banks
HM The Queen confirms banking ring fence plan
UK set to see controversial ring fence between retail and investment banking operations introduced after Queen includes the plan in her annual speech before the government
IMF research discusses bank capitalisation as a signal
International Monetary Fund working paper discusses bank capitalisation levels as market signals and the role of supervisory authorities
King admits BoE should have done more to prevent banking crisis
Bank of England governor says central bank should have done more to prevent crisis despite its limited powers to act; says new resolution mechanism will not work for global banks
BoE statistics show fall in business lending in March
Bank of England lending statistics show decline in business lending and rise in consumer lending in the UK during March
BoE’s Tucker sets out plan to tackle shadow banking
Paul Tucker lays out ‘possible policy agenda’ for tackling shadow banking; warns against limiting sector altogether
Ireland's Elderfield outlines supervisory changes for banks
Central Bank of Ireland deputy governor outlines supervisory changes being implemented for banks; says some of the requirements may be ‘more demanding’ than in other jurisdictions
ECB finds eurozone banks not restricting lending
Latest European Central Bank Lending Survey shows steep fall in demand for loans despite thaw in lending conditions
New York Fed researchers investigate shadow-banking regulation
Researchers find “uneven” progress towards stabilising shadow-banking system; gaps found between optimal and actual regulation of the sector
IMF research investigates impact of asset prices on credit growth
IMF working paper examines the impact of asset prices on credit growth; concludes monetary policy should consider the impact of asset price movements
Survey shows tighter credit standards for households in Norway
Norwegian central bank lending survey shows impact of tighter regulatory conditions on household lending; finds credit standards have tightened for households
IMF discussion note calls for 'bail-ins' for resolution of Sifis
International Monetary Fund discussion note explores the potential for ‘bail-ins’ to resolve problems posed by systemically important financial institutions (Sifis)
Banque de France study examines bank loan portfolio management behaviour
Banque de France working paper examines relationship between a 'competitive investor' and 'commercial banks' in relation to long-term loan portfolios
Irish deputy governor urges more regulation to prevent future housing bubbles
Stefan Gerlach calls for more stringent banking rules in order to prevent future house price bubbles
BIS research finds greater data sharing needed to monitor systemic risk
Bank for International Settlements working paper says more data sharing is needed at individual bank level to better monitor systemic risk
IMF sounds warning over European deleveraging
Lagarde hopes to ‘significantly’ increase resources available to the IMF during spring meeting; Financial Stability Report also recognises need for increased firewall as deleveraging rages on in Europe
Asmussen offers ECB's take on Irish path to recovery
Jörg Asmussen says Ireland has come a long way but still has work to do; expresses confidence further emergency support from eurozone will not be necessary
Malaysia announces circulation date for new banknotes
Bank Negara Malaysia reveals new banknotes will enter into circulation in July this year; work being carried out to ensure “smooth transition” in the country
Bank of Spain governor warns against complacency
Miguel Fernández Ordóñez outlines progress made in reforming Spanish banking sector; stresses there is more to be done, and that European interventions have merely bought time to push changes through
Fed director cautious of ‘not fully known’ impacts of mobile banking
Sandra Braunstein testifies to US Senate on 'not fully known' ways the use of mobile devices can affect financial services
Draghi applauds team effort on euro turnaround
ECB president says every institution in the eurozone contributed to turnaround witnessed since November; warns there is more to be done
ESRB assesses systemic risks to EU financial system
European Systemic Risk Board analyses key systemic risks to financial system in the EU; uncertainties surrounding sovereign debt and pressures on bank funding among top issues
Interim FPC attacks banks’ progress in raising capital
Interim Financial Policy Committee says banks have yet to accumulate capital levels that would “ensure resilience in the face of prospective risks”; committee also discusses macro-prudential tools
Israel’s Fischer defends banking costs
Stanley Fischer warns forcing banks to reduce fees could cause wider problems; says Israel must be "serious and not populist" in demands on banking sector
National Bank of Ukraine appoints new head of payments systems
Natalia Syniavska takes on role overseeing all payments operations at the Ukrainian central bank