Global Banking

Offshore NDFs’ Dubious Deliverables

After calculating non-deliverable forwards, where non-resident investors can take synthetic positions in controlled currencies, as a “tiny fraction” of foreign ...

Bank Conditions’ Crude Unrelenting Cry

The IIF’s Q1 bank officer sentiment index drawn from 150 responses showed another point and a half drop to 48 ...

Bank Lending’s Lurking Doom Loop

The IIF’s Q3 scan of 135 banks’ credit climate in major emerging market regions modeled on the US Federal Reserve ...

Europe’s Baneful Banking Structures

The feature chapters in the IMF’s semi-annual Global Financial Stability Report focus on the mixed record of post-crisis emerging Eurozone ...

Credit Default Swaps’ Naked Truth Trail

The IMF’s April Global Financial Stability Report in the wake of capital controls endorsed for Cyprus’ “exceptional circumstances” directly challenged ...

Global Bank Regulation’s Second Best Solution

On the eve of the IMF-World Bank annual gathering a Brookings Institute working group issued a report advocating a “second-best” ...

Financial Stability Reports’ Grading Jitters

An IMF working paper finds “major drawbacks” in the central bank financial stability reports now issued semiannually and yearly in ...

The Financial Stability Board’s Shaky Ground

A 25-member task force commissioned at the November 2010 G-20 meeting to survey developing and emerging economy issues under the ...

The Basle Committee’s Staggering Property Pronouncement

In its annual report the BIS, while lauding developing economies for crisis “escape,” cited growing imbalance risks including “staggeringly rapid” ...

Capital Surfers’ Trillion Dollar Wave

The IIF, in its January summary of private capital flows to thirty emerging economies, reported that they jumped 50 percent ...

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