Brexit
“What would Allan say?”
Central Banking Publications founder Robert Pringle finds pearls of wisdom in his email correspondence with the late Allan Meltzer
Moody’s upgrades UK banking sector on improved capital positions
The sector still faces deteriorating economic conditions in the months ahead on Brexit, the firm warns
Brexit drives a wedge between BoE and markets
Market view of future UK rates appears out of line with Monetary Policy Committee
UK banking sector faces higher costs after Brexit, report warns
Banks may need to replicate departments in Europe to comply with EU regulations
BoE’s Broadbent: globalisation has been largely a good thing
Bank of England deputy says flexible labour market has helped dull pain of adjustment to trade shocks
Any London forex trading move would be ‘gradual’ – ECB
City’s place in global submarine cable network likely to be key, says researcher
Brexit should not lead to restrictions on financial trade – FCA’s Bailey
UK and EU should work together on “mutual recognition”, says Andrew Bailey
Commission’s CCP powers ‘might not lead to exodus from UK’
US regulation of CCPs provides “plausible template” for eurozone, says commentator
US dealers wade into European CCP relocation debate
CFTC hearing warns of increased margining costs and a pre-Brexit client onboarding crunch
BoE ups capital buffers as consumer credit outstrips income
“Pockets of risk” including effects of Brexit negotiations and car finance warrant attention, BoE says
ECB requests powers to regulate CCPs
Brexit heightens concern over importance of central counterparties
BoE’s Forbes points to bias among overworked MPC members
Overwork and intense scrutiny may make it harder to take tough decisions, says outgoing MPC member
BoE’s Haldane examines changing nature of work
Rise of “gig economy” and self-employment may have weakened wage-setting power among workers
Irish central bank renews Brexit warnings
Rapid house price rise fuelled by scarcity, Central Bank of Ireland says
UK election roundup: all eyes on Brexit negotiations
Economists react as UK vote delivers a hung parliament
Book notes: Crash Bang Wallop, by Iain Martin
A comprehensive study of the City of London and how it became the world’s leading financial centre prior to the financial crisis and the UK’s vote to leave the European Union
Tackling the ‘human agency’ problem
Central banks are readying themselves to face down assault by populists
Lautenschläger warns of ‘fragmented’ regulation in eurozone
Regulators should have powers over investment companies, ECB official says
IMF remains gloomy on Brexit as UK heads for snap election
Supply shock could still impact UK economy, IMF chief economist warns
Reserve managers see politics shaping currency allocations
European political uncertainty weakens confidence in euro, with sterling pressured by Brexit
Brexit will be ‘litmus test’ for global system – Carney
Global financial system has reached “fork in the road”, says BoE governor
Senior central bank officials defend globalisation
Dombret and Mminele argue against idea globalisation is causing high unemployment and low growth
Eurozone instability tops reserve manager fears – survey
Threat of instability or weakness in the eurozone is the main concern for reserve managers in 2017
Sterling shorts could see sharp unwinding on Brexit day
As the start of the negotiation process between the UK and EU approaches, an already weak sterling faces more tests