While economic disaster was averted, the BIS warns that considerable uncertainty remains that will present significant challenges for policymakers.
July 2, 2021Recent bankruptcies by FIs have "fully proved" that close-out netting can be guaranteed in the resolution stage, a CBIRC official said at ASIFMA's China Capital Markets Week.
April 22, 2021Corporate bankruptcies are expected to rise as credit support measures are wound back, some sectors downsize, and firms run out of liquidity buffers.
March 2, 2021The RBA’s first-ever quantitative easing programme was due to expire in mid-April. It will now be extended until at least October.
February 3, 2021In disputes involving breach of contract, fraud or false statements - the issuer, its controlling shareholders, directors, and senior management will be held liable for bondholder losses.
July 17, 2020The estimates reflect a move to a forward-looking methodology for analysing loan books, an accounting change recommended by the FSA in December.
May 18, 2020The PBOC will encourage merger talks instead of bankruptcies when dealing with problematic financial institutions.
August 30, 2019