CAPITAL / LIQUIDITY

Capital / Liquidity

Swiss Regulators Orchestrate UBS Takeover of Credit Suisse

By Manesh Samtani | 20/03/2023

The deal gives Credit Suisse shareholders shares in UBS worth just 40 percent of what their CS shares were worth on Friday.

Capital / Liquidity

China Responds to US Banking Crisis With RRR Cut

By Editors | 19/03/2023

State media said the RRR cut reflects the Chinese government’s “responsibility to the world” after it resisted following the US in raising interest rates.

Capital / Liquidity

South Korea to Enhance Banks’ Ability to Absorb Losses

By Editors | 17/03/2023

Regulators intend to introduce a new capital buffer system which will be based on banks’ risk management and stress test results.

Capital / Liquidity

Credit Suisse to Borrow Over $50b from Central Bank Facilities

By Editors | 17/03/2023

The bank will also repurchase some of its senior debt securities as part of efforts to manage its liability composition and optimise interest expense.

Capital / Liquidity

Australian Regulators to Intensify Banking Sector Supervision

By Sanday Chongo Kabange | 17/03/2023

The CFR will monitor the fallout from the collapse of US banks through ‘intensive supervision’ of Australia’s banking system.

Capital / Liquidity

US Regulators, Banks Agree Rescue Deal for First Republic Bank

By Manesh Samtani | 16/03/2023

Eleven banks will deposit $30bn into regional lender First Republic Bank, which has suffered credit downgrades and stock price declines in recent days.

Capital / Liquidity

Swiss Regulators Offer Credit Suisse a Show of Support

By Editors | 16/03/2023

FINMA said Credit Suisse meets capital and liquidity requirements applicable to systemically important banks. SNB will provide liquidity to the bank if necessary.

Capital / Liquidity

Sri Lanka Likely to Secure IMF Funding Next Week

By Duruthu E Chandrasekera | 15/03/2023

The IMF’s Kristalina Georgieva has welcomed “decisive policy actions” by Sri Lankan authorities and the financial assurances obtained from major creditors.

Capital / Liquidity

FIs’ Climate-related Risk Capture Incomplete, says BoE

By ESG Investor | 15/03/2023

Existing capability and regime gaps “create uncertainty” over whether financial institutions are adequately capitalised for future climate-related losses, says the Bank of England.