Risk Management
Fitch issues stern warning to the US
Affirms AAA rating but says failure to agree on deficit-reduction measures would ‘likely result in negative rating action’
Israel stress test results show room for improvement
Results of stress tests show Israeli banks need to improve Core Tier I capital and risk management practices
Asian Development Bank encourages regional policy cooperation
The Asian Development Bank wants to see increased regional policy cooperation to ensure more balanced and sustained growth in emerging East Asia
Helaba withdrawal hints at 'fundamental value' in stress test results, says analyst
German bank Helaba’s withdrawal from the European stress-testing process indicates there could be 'fundamental value' in the results, an analyst says
European stress tests not complete; EBA’s Enria
European Banking Authority chief says speculation on results of European stress test are “completely unfounded”
West African central bankers receive training in debt managment and corporate governance practices
West African Institute for Financial Management works with IMF and World Bank to train region’s central bankers
Bafin chairman pans European Banking Authority stress tests
European Union’s bank stress standards lack “legitimacy”, according to top German regulator
Credit rating agencies slam sovereign warning proposal
EU Commission proposal for credit rating agencies to give sovereigns three days’ notice of a rating change causes “grave concerns”
S&P lowers Greece rating
Credit rating agency lowers Greece sovereign ratings; believes eurozone official creditors “may see a restructuring of official and commercial debt as the best way forward”
Russia finds a third of banks could not survive another crisis
Stress test results show 321 banks would fall below capital minimum in another financial crisis; licences would be revoked
Bulgaria ordered capital hikes, report released
Bulgarian National Bank publishes 2010 Annual Report; asked three banks to increase capital
China demands banks conduct stress tests on property loans
Chinese banks must carry out new stress tests
SNB bans Tepco debt as collateral
Swiss National Bank places Tepco debt on its list of collateral excluded from use in open market operations
Ireland announces stress test results
Central Bank of Ireland reveals €24 billion gap in funding for the country’s banks
Risk management booms in sub-Saharan Africa
Kenyan Central Bank reports 95% of banks have independent risk management functions
S&P lifts China rating one notch
Ratings agency Standard & Poor’s upgrades Chinese long-term rating; move follows similar step by Moody’s in November, places Chinese debt three marks short of prime rating
Ireland's Honohan outlines central bank's failures
Irish central bank governor Patrick Honohan cites failures in bank management for poor response to crisis in central bank review
Bank of Spain denies Spanish banks are delaying losses by acquiring NPAs
The Bank of Spain defends Spanish banks' hands-on risk management of non-performing assets related to the property sector
Bank of Canada on risky measures
Bank of Canada study shows that increased ownership among the largest shareholders invites less risky behaviour in decision making
Banks’ profits plunged 40%: Greece deputy
Bank of Greece deputy governor Eleni Dendrinou-Louri says profits fell more than 40%, accompanied by a disconcerting rise in trading income
Revisiting Asia’s sovereign wealth strategy
Donghyun Park outlines the impact the crisis on Asia’s sovereign wealth funds.
Network analysis key to understanding crisis: ECB’s Tumpel-Gugerell
Gertrude Tumpel-Gugerell, ECB executive board member, emphasises the magnitude of contagion in the financial system
How India manages its vast banknote circulation
Prabir Biswas explains how the Reserve Bank of India has stepped up risk management in the provision and distribution of cash