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Latest News
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Govs face dilemma on relief measures
Financial authorities face a tough call on how and when to exit from the exceptional regulatory relief measures they put in place to shelter borrowers from the worst impacts of the Covid-19 pandemic, according to the Bank for International Settlements (BIS).
06 Aug 2020 -
Bank capital: more than meets the eye
The coronavirus crisis is a further reminder that fundamentals are not the only thing that matters when investing in bank capital.
06 Aug 2020 -
Small banks pin hopes on BoE reducing the scope of MREL
Smaller UK lenders are hoping the Bank of England will limit the scope of the minimum requirements for own funds and eligible liabilities (MREL) this year, relieving them of the potentially challenging task of raising new bail-inable debt in the capital markets.
06 Aug 2020 -
Cost cuts central to Gottstein's Credit Suisse shake-up
Credit Suisse chief executive Thomas Gottstein has brought its investment bank back together but threatens to leave it with a diminished corporate finance business, David Rothnie reports.
06 Aug 2020 -
Dutch insurers resume dividend payments after strong earnings
Solid financial results are encouraging Dutch insurance companies to resume dividend payments and share buyback programmes after getting the green light form the national regulator.
06 Aug 2020 -
UniCredit turns profit with bolstered MDA buffer
UniCredit returned to profit in the second quarter with a larger pool of excess capital to reward shareholders from next year, if the European Central Bank gives its permission.
06 Aug 2020 -
BoE floats ‘temporary changes’ to capital buffers
The Bank of England has said it may be necessary to make ‘temporary changes’ to capital buffers in the UK, owing to concerns that the existing framework could discourage banks from lending during the coronavirus pandemic.
06 Aug 2020 -
MREL woes resurface for Metro Bank
Metro Bank has said that it could slip below its minimum requirements for own funds and eligible liabilities in the coming months. It is paying close attention to a review of MREL being carried out by the Bank of England, which may help it to avoid embarking on another costly debt-raising exercise.
05 Aug 2020 -
Covid has bolstered the case for joined-up banking supervision, says BIS
The coronavirus crisis has proven that central banks should have financial stability mandates encompassing both macro and micro-prudential policy goals, according to a new paper from the Bank for International Settlements.
04 Aug 2020 -
Embattled HSBC to press on with restructuring
HSBC revealed a big increase in credit loss provisions in its second quarter results on Monday, as it vowed to step up the pace of its strategy shift. In the investment bank, it was a strong outing for fixed income and currencies trading, but a disappointing quarter for equities.
03 Aug 2020
