CAPITAL / LIQUIDITY

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.

Crypto / Digital Assets

Barney Frank Says Signature Bank Was Targeted to Deliver Anti-Crypto Message

By Manesh Samtani | 15/03/2023

Barney Frank, who was on the board of Signature Bank, says the regulatory takeover was intended to send a message to US banks to stay away from crypto.

Capital / Liquidity

Credit Suisse Identifies “Material” Financial Reporting Weaknesses

By Editors | 15/03/2023

The weaknesses related to a “failure to design and maintain an effective risk assessment process to identify and analyse the risk of material misstatements”.

Capital / Liquidity

US Fed to Consider Tightening Rules for Midsized Banks

By Editors | 14/03/2023

The Federal Reserve will review capital, liquidity and stress testing requirements it imposes on mid-sized lenders.

Capital / Liquidity

HSBC Acquires Silicon Valley Bank’s UK Unit for £1

By Editors | 14/03/2023

HSBC expects the deal to be profitable, strengthen its commercial banking franchise, and enhance its ability to serve innovative firms.

Capital / Liquidity

Fed to Provide Liquidity Backstop as Two More Banks Close

By Manesh Samtani | 13/03/2023

US regulators are offering emergency funding to prevent a wider crisis after Silicon Valley Bank and Signature Bank were closed.

Capital / Liquidity

APRA Proposes Changes to Quarterly ADI Performance Publication

By Editors | 10/03/2023

The proposed changes are meant to align the QADIP publication with the new capital framework and ensure consistency with the ADICP.

Capital / Liquidity

CBIRC Amends Policy on Joint Lending by Banking Institutions

By Editors | 08/03/2023

The move is aimed at stopping companies from using multiple banks to obtain “excessive financing”, and helping banks to strengthen credit management and risk controls.

Crypto / Digital Assets

Crypto Focused Bank Silvergate Edges Towards Closure

By Manesh Samtani | 06/03/2023

Silvergate warned that it was evaluating its ability to operate as a going concern, prompting client departures and the discontinuation of its crypto payments network.