Financial crisis
ECB’s Tumpel-Gugerell calls for structural reforms
European Central Bank's Gertrude Tumpel-Gugerell says structural reforms needed to emerge from the crisis
World Bank – Annual Report 2009
World Bank outlines post-crisis support measures
Raise liquidity rule for property funds – Buba
Analysis of German real-estate funds during the crisis shows that regulators should impose a higher liquidity ratio, a new paper from the Deutsche Bundesbank argues
Tucker: “no clear idea” on too-big-to-fail fix
Bank of England's Paul Tucker acknowledges lack of clarity in solving too-big-to-fail problem
Strauss-Kahn covets lender-of-last-resort role
Dominique Strauss-Kahn says International Monetary Fund must become a global lender of last resort to temper emerging Asia's desire to hold reserves
Bernanke calls for extended supervisory reach
Ben Bernanke’s five-point plan for regulatory reform includes call to share accountability for systemic risk with other regulators
Imbalances: this time it's different, says Blanchard
International Monetary Fund sees growth recovering to 3% next year but warns that without imbalances fix, long-run picture remains bleak
Recovery underway, but risks remain – IMF
Global Financial Stability Report cuts financial loss projection
Banks’ funding models to blame for the crunch
ECB Executive Board member Gertrude Tumpel-Gugerell says funding switch weakened banks, complex instruments alone not the cause of the crisis
Wanted: paranoid and unpopular central bankers
Panel says central bankers must look for risk everywhere and be prepared to implement unpopular policies to prevent the next crisis
Buba’s Weber charts history of regulation
History points to regulation’s frailties, notes Bundesbank’s Axel Weber
Interventions helped creditors not shareholders
Bank for International Settlements reviews market reaction to bank rescue packages during the crisis
Buba’s Zeitler: regulatory capital a key issue
Bundesbank’s Franz-Christoph Zeitler commends capital measures but warns implementation should not occur until after the crisis is at an end
RBA – Financial Stability Review September
Sentiment among Australian households and businesses has improved considerably says the Reserve Bank of Australia in its latest Financial Stability Review
Korea to follow Israel’s lead and hike?
Report suggests Bank of Korea considering tightening
SARB investigated stress testing: Mboweni
South African Reserve Bank’s Tito Mboweni says the central bank looked closely on stress-testing methods used by banks and the central bank
One credit register for Europe: Buba’s Zeitler
Bundesbank’s Franz-Christoph Zeitler says Europe needs a unified credit register
Fed’s Yellen guarded on recovery
The biggest threat to price stability is deflation, and there are losses still to come, Janet Yellen, the president of the San Francisco Federal Reserve, warns
Libor spread sinks to pre-crisis levels
Libor-OIS spread for three-month dollar loans retreats to its summer 2007 level as confidence continues to grow
Peru’s Velarde backs V-shaped recovery
Central Bank of Peru President confident on quick recovery for emerging economies
Bank’s Haldane stresses limits of regulation
Rules alone will not be enough to restore trust and spur a full recovery says Bank of England’s executive director for financial stability
Goodhart says regulatory outlook unclear
London School of Economics’s Charles Goodhart says the process of reaching international agreement has become more difficult
Global liquidity provision system needed: IMF’s Blanchard
International Monetary Fund’s Olivier Blanchard says flexible credit lines have the potential to reduce the reserve-accumulation drive
Self-regulation has its limits: France’s Noyer
Banque de France’s Christian Noyer says turmoil has underlined weaknesses in financial sector’s ability to police itself