Fed’s Dec. 2014 Senior Credit Officer Opinion Survey (SCOOS): balance sheet tightening, margins and volatility
Part II: The Fed releases rules on capital for GSIBs, includes extra requirements for securities financing trades
Part I: The Fed releases rules on capital for GSIBs, includes extra requirements for securities financing trades
Fed releases request for public comment on regulating GE Capital. These rules will keep GECC busy for a while.
Fed's Potter outlines how they will raise rates….using higher IOER as a magnet. We think RRP is a better tool.
"Financial Stability Monitoring" by the Fed keeps looking for that line between the gold standard of risk management and the desire to let the economy grow
NY Fed Governor Dudley on the Reverse Repo facility: a good tool to manage short rates but not without its risks
The next proposed US rules: adjusting the denominator of the Leverage Ratio (Finadium subscribers only)
Tri-party equity repo jumps up 40% yoy as repo desks shift to more volatile collateral in search of P&L. But will the Fed look kindly?
A paper from the Peterson Institute for International Economics argues to set IOER and RRP at the same rates. It make a lot of sense.
Wednesday News Roundup: everyone can be a SIFI, the staying power of regulatory arbitrage (Finadium subscribers only)