The Bank for International Settlements says that risk tolerance has been rising since mid March, as credit market conditions have improved, and the climate for many asset classes has improved, too.The BIS released its latest quarterly review today, which reports that, “Following deepening turmoil and rising concerns about systemic risk in the first two weeks […]
Report lays out framework for analyzing risks, along with specific recommendations to address them
Notwithstanding the ongoing turmoil in global credit markets, the over-the-counter derivatives markets continued to enjoy steady growth in the second half of 2007, according to the latest data from the Bank for International Settlements.The BIS reported that the notional amounts of all categories of OTC contracts rose by 15% to US$596 trillion at the end […]
The Bank for International Settlements has established a Consultative Council for the Americas, comprised of the governors of the region’s central banks that belong to the BIS.The CCA includes the governors of the central banks of Argentina, Brazil, Canada, Chile, Mexico, and the United States. The purpose of the new council is to provide a […]
Bond issuance and derivatives turnover were weak in the fourth quarter of 2007, according to the latest quarterly review from the Bank for International Settlements.“After a relatively calm December that saw markets broadly unchanged, accumulating evidence of a real-side slowdown prompted a broad-based repricing of growth risk and associated shifts in policy expectations in January. […]
Impact of subprime crisis felt around the world, according to a new report
The Bank for International Settlements reports continued strong growth in global over-the-counter derivatives markets.Today the BIS released the latest statistics on positions in the global OTC derivatives market, reporting that positions grew at a rapid pace over the period since the last triennial survey in 2004.Notional amounts outstanding increased by 135% to US$516 trillion at […]
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Turnover in traditional foreign exchange instruments increased by 71%
Trading accelerated in the first quarter of 2007