The US Federal Reserve increased the stress factors on the largest banks in the latest version of its annual healthcheck, pushing several close enough to the breaking point where capital return plans could take a hit.
The Financial Stability Board has issued a series of guidelines to banking regulators on how to identify capital that is eligible to be bailed in, should a bank require such support, and how to implement related resolution plans.
The Single Resolution Board has been told to reveal additional details of deposit withdrawals from Banco Popular in the month prior to the Spanish lender’s resolution and immediate sale to Santander for €1 a year ago.
The eurozone working group set up by the European Central Bank to find a replacement for Eonia has set out three alternative risk-free rates.
Australia’s under-utilised bond market may receive a welcome fillip if the opposition Labor Party, which is ahead in the polls, wins the next federal election.