financial-stability-risks
Top StoriesECB Criticises New Italian Tax on Windfall Bank Profits
Top StoriesCryptoassets Increase Risk in Developing Economies, Study Says
FinanceECB to Zero in on Soured Loans This Year as Economy Slows
Top StoriesECB to Raise Scrutiny of Banks’ Credit Risk, Funding in 2023 as Recession Looms
EU Eases Bank Capital Rules as ECB Warns of ‘cracking’ Stability
Date: November 8, 2022
By Huw Jones LONDON (Reuters) -European Union member states have backed a temporary watering down and two-year delay to 2025 for the final leg of the globally agreed Basel III bank capital rules, despite the ECB warning they risked “cracking the dyke” that protects stability. EU states will now negotiate a final deal with the...
Factbox-Ticking Bomb: The Risks the IMF Sees to Financial Stability
Date: October 12, 2022
(Reuters) – The International Monetary Fund warned on Tuesday of a disorderly repricing in markets, saying global financial stability risks have increased, raising the potential of contagion and spillovers of stress between markets. The IMF’s Global Financial Stability Report, which warned of the risks to markets, came as the Fund also cut its growth outlook...
Stocks Tumble Globally on Raft of Economic, Political Worries
Date: October 11, 2022
By Sinéad Carew and Dhara Ranasinghe LONDON/NEW YORK (Reuters) – MSCI’s global index of stocks hit its lowest level in almost two years on Tuesday while oil prices sank on fears about the potential for a global recession as central banks rapidly increase interest rates in an effort to tame inflation. Adding to pressure were...
Bank of England Takes Deep Dive Into ‘opaque’ Commodities
Date: July 5, 2022
By Huw Jones and Andy Bruce LONDON (Reuters) -The Bank of England said on Tuesday it will conduct an in-depth analysis to enhance surveillance of “opaque” commodity markets after Russia’s invasion of Ukraine left the central bank without a full picture of risks and vulnerabilities. Just as the global financial crisis threw a spotlight on...
Marketmind: Why the Calm in Markets Won’t Last
Date: June 21, 2022
A look at the day ahead in markets from Dhara Ranasinghe. Last week’s market turmoil that sparked the biggest weekly drop in world stocks since March 2020, has given way to a degree of calm. But don’t bet on it lasting. In short, until there are clear signs that inflation in major economies is coming...
Britain Proposes Safety Net Against Failing Stablecoins
Date: May 31, 2022
By Huw Jones LONDON (Reuters) – Britain’s finance ministry set out plans on Tuesday for adapting existing rules to deal for any major stablecoin collapses, such as with TerraUSD this month. It is the latest sign of how regulators are trying to catch up with fast-moving developments in crypto markets which straddle national borders. “Since...