Central bankers say there is strong case for enhancing reference rate choice
Central bank governors are looking at possible changes to the way benchmark rates are set
Research finds that when the financial sector represents more than 3.5% of total employment, further increases in financial sector size tend to be detrimental to economic growth
Deleveraging led by European banks
Achieving G20 objectives will depend on the arrangements through which market participants obtain access to central clearing
The CCA comprises the governors of the central banks in the region
The latest statistics from the Bank for International Settlements shows an overall contraction in the global over-the-counter derivatives market, despite a large increase in market values.The BIS reports that, in the first half of 2010, positions of all types of OTC derivatives fell by 4% to US$583 trillion, following the 2% increase in the second […]
International issuance falls 23% to lowest level since 2005
Strengthening balance sheets in the financial sector is the precondition for restoring financial stability and scaling back public sector involvement
BIS reports banks particularly exposed to Greece, Ireland, Portugal and Spain