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Nov 2, 2022 · LONDON, Nov 2 (Reuters) - Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking the lead ahead...
May 10, 2024 · During the post-crisis decade of low interest rates, when oodles of money flowed around the system, nonbanks gorged on cheap debt to fuel returns for investors. Amid the changing economic backdrop of higher rates and tighter money, central bankers fear they are now vulnerable.
Sep 29, 2023 · Global financial regulators are preparing a clampdown on so-called shadow banking as they confront the unintended consequences of previous waves reform that pushed risks into hidden corners of...
May 23, 2022 · The constant flow of easy money out of central banks has fed serial crises for decades. Regulators typically try to address the sources of the last crisis, only to divert credit to new targets.
- 'Uli The Knife'
- Headache For Scholz
- Market Jitters
The job of turning things around at Credit Suisse falls to Mr Koerner, a former UBS executive drafted in to turnaround the bank. He is Credit Suisse’s third chief executive in five years and joined in August. Koerner was reportedly nicknamed "Uli the knife" during his 11-year tenure at UBS for his cut-throat approach to restoring the bank to health...
Like Credit Suisse, Deutsche Bank has stumbled into this crisis after a rocky few years. In one high-profile example of a costly misstep, the Department of Justice asked the bank to hand over $14bn in 2016 to settle a major mis-selling investigation. The German lender was able to agree to a settlement of around half that demanded by the US authorit...
There is no suggestion that Credit Suisse or Deutsche Bank will suffer the same fate as the Lehman Brothers. Credit Suisse has been at pains to reassure investors that it has a strong balance sheet that can withstand the current financial storms, while Deutsche Bank’s chief executive, Christian Sewing, has made progress in tackling the company’s lo...
Nov 7, 2023 · The next financial crisis is likely to be in the “shadow” non-bank lending sector, UBS chair Colm Kelleher has warned, saying that the growth of lightly regulated private markets since the 2008...
Apr 6, 2023 · Shadow banks now make up about 14% of the world’s financial assets and, like many non-banks, operate without the same level of regulatory oversight and transparency as banks. What are the risks?
