Bank for International Settlements (BIS)
Banks’ borrowings off overseas shadow lenders picked up in Q3
Majority of liabilities are owed non-banks in developed countries
Banks’ claims on the public sector up a third post-Covid
Own-country debt and reserves climbed 44%
Algo users seek apples-to-apples info
BIS study raised concerns; standards now a work in progress at GFXC
Basel FRTB capital impact study confused by outliers
“Conservative estimation” of market risk capital uplift averages 69%
CLS: can’t live with ’em, can’t live without ’em?
FX settlement giant not fast on its feet, say dealers and challengers, but hard to knock down
MMFs lengthen portfolio maturity post-Covid – BIS
Average holdings had maturity of 41 days in November
Why central banks aren’t worried about FX algos – for now
Disclosure failings feed into FX code; other issues are worrying, but distant, says SNB’s Maechler
Cleared CDS volumes surged in H1 – BIS
CDX cleared contracts outstanding leapt 35% in H1
Algos make market thinner, but not less liquid – BIS
Trading robots change market microstructure, central banks conclude; new liquidity metrics may be needed
Cross-border bank loans fizzled in Q2 as bonds soared – BIS
Outstanding dollar-denominated bonds climbed 4% over Q2
Banks’ cross-border exposures to shadow lenders fell in Q2
Loans and deposit claims reduced most over the quarter
Unsettling times: why is settlement risk on the rise?
Regulators and market participants searching for answers after BIS figures show substantial increase
Rates and FX exchange-traded derivatives markets cooled in Q2
Interest rate options and futures turnover halved over three months to end-June
Banks’ cross-border exposures to shadow banks surged in Q1
Liabilities to NBFIs increased three times more than usual over Q1 2020
Global banks’ derivatives assets hit $4.4tn in Q1
Market values leapt 43% over the first three months of the year
Lawmakers have to sort ‘tough legacy’ Libor products – survey
Challenges agreeing contract amendments and lack of term rates for the risk-free alternatives are also barriers to transition
Asia people moves: new practice head at Herbert Smith Freehills; Deutsche hires ESG manager; and more
Latest job changes across the industry
People moves: HKEX’s Charles Li to leave, new Isda directors, and more
Latest job changes across the industry
Blurred lines in bank capital standards
Boundaries between capital buffers and capital requirements are looking worryingly unclear
Banks stride towards BCBS 239 implementation
No G-Sib was non-compliant with any key data management principles
Bond embrace may help emerging markets withstand Covid-19
Annual growth rate of debt issued by non-bank borrowers averages 11%
Foreign banks’ EM exposure could spiral as Covid-19 bites – BIS
Activation of credit lines and guarantees could cause exposures to leap 26%
Asia moves: JP Morgan names new Apac CEO, Axa hires six heads, and more
Latest job news across the industry
CDX on junk bonds jumped 65% in H1 2019
Notionals to which CCPs were counterparty increased +85%