CAPITAL / LIQUIDITY

Capital / Liquidity

HSBC Forms New ‘Innovation Banking’ Division Out of SVB UK Acquisition

By Sanday Chongo Kabange | 13/06/2023

The new ‘HSBC Innovation Banking’ brand will roll out globally in the coming months, with innovation-focused teams in the UK, US, Israel and Hong Kong.

Capital / Liquidity

UBS Closes Credit Suisse Deal, Imposes ‘Red Lines’ on Bankers

By Manesh Samtani | 13/06/2023

FINMA said its intensive supervision will “definitely continue”. MAS said it expects both banks to handle the implications for jobs “responsibly”.

Big Picture

ISLA Warns of Basel III Impacts on Securities Finance Market

By Editors | 13/06/2023

ISLA expresses concerns about the potential adverse impact of Basel III on the global securities lending market.

Capital / Liquidity

Credit Suisse Rescue Deal to Undergo Parliamentary Probe

By Editors | 11/06/2023

UBS has meanwhile finalised a guarantee agreement with the Swiss government and is now expected to close its Credit Suisse acquisition on Monday (12 June).

Capital / Liquidity

BSP Reduces Reserve Requirements for Banks, NBFIs

By Sanday Chongo Kabange | 09/06/2023

The BSP says the lower reserve requirements will help to ensure stable domestic liquidity and credit conditions.

Capital / Liquidity

RBI Allows Banks More Flexibility to Participate in Interbank Market

By Mark Johnston | 09/06/2023

Banks can set their own limits for borrowing in the call and notice money markets, provided they meet existing prudential limits for inter-bank liabilities.

Capital / Liquidity

RBI Issues New Rules on Guarantee Arrangements in Digital Lending

By Mark Johnston | 09/06/2023

Loan service providers such as fintechs are allowed to provide default cover up to five percent of the loan portfolio.

Capital / Liquidity

RBI Issues New Framework for Compromise Settlements and Loan Write-offs

By Sanday Chongo Kabange | 08/06/2023

The framework aims to provide further impetus to stressed asset resolutions and establish harmonised standards across lenders.

Capital / Liquidity

SEBI Issues New Framework for Client Funds Upstreaming

By Mark Johnston | 08/06/2023

Stock brokers will have to upstream all client funds to clearing corporations by the end of each day.