CAPITAL / LIQUIDITY

Big Picture

Fed Official Calls for Banking Reforms to be “Targeted” and “Thoughtful”

By Mark Johnston | 12/05/2023

Michelle Bowman urges targeted and evidence-based reforms to address the root causes of the recent spate of bank failures.

Big Picture

US Super-Regional Banks Bore the Brunt of SVB Failure: NY Fed

By Mark Johnston | 12/05/2023

Deposit withdrawals after SVB’s failure were limited to around 30 super-regional banks, according to a new study by the NY Fed.

Capital / Liquidity

MAS Considers Possible Changes to Deposit Insurance Scheme

By Sanday Chongo Kabange | 10/05/2023

MAS will issue a consultation by the end of June on proposals to ensure Singapore’s deposit insurance scheme remains fit for purpose.

Capital / Liquidity

HKMA Specifies Regulatory Treatment of Swap Connect Margins

By Editors | 10/05/2023

Margins posted by banks to OTC Clear for participating in Swap Connect should be treated in the same manner as default fund contributions.

Capital / Liquidity

G7 Ministers to Discuss Measures to Prevent Bank Runs

By Editors | 09/05/2023

The G7 ministers intend to outline plans to prevent the kind of bank runs that led to the collapse of Silicon Valley Bank.

Capital / Liquidity

Fed Warns of Credit Contraction Resulting from Bank Stress

By Editors | 09/05/2023

Ongoing stresses in the banking system could lead to a broader contraction in credit, resulting in a “marked slowdown in economic activity”.

Capital / Liquidity

US SEC Probing Insider Trading by First Republic Execs – Report

By Editors | 07/05/2023

The SEC is looking into whether executives of First Republic improperly traded on inside information before the government seized the bank and sold it to JPMorgan.

Capital / Liquidity

Hong Kong Financial System Remains Resilient: IMF Staff

By Editors | 07/05/2023

IMF staff said credit risk will “likely continue to materialise”, and banks should properly recognise and provision for credit losses, including those from Mainland property exposures.

Big Picture

Thousands of US Banks are “Underwater” and “Potentially Insolvent”

By Manesh Samtani | 07/05/2023

Report by Stanford Professor Amit Seru and a group of banking experts presents an analysis of US banks’ asset exposure to interest rate hikes and the implications for financial stability.