Recently Bank of New York Mellon (BNYM) published a review of a panel discussion “Securities Finance: Fixed Income & Repo Market Update”. We pick out a handful of interesting tidbits.…Read More
The Systemic Risk Council publishes an interactive tool for looking at bank stats. We especially like “Short Term Noncore Funding as a Percent of Total Assets”.
The Systemic Risk Council recently came out with a “Systemic Risk Council Interactive Tool”, an interesting way to look at banks. Continue readingRead More
The Office of Financial Research (OFR) published on February 12, 2015 “Systemic Importance Indicators for 33 U.S. Bank Holding Companies: An Overview of Recent Data“ by Meraj Allahrakha, Paul Glasserman,…Read More
Part II: The Fed releases rules on capital for GSIBs, includes extra requirements for securities financing trades
This is part II of our post on the Fed’s new capital rules. We look at the calculation methodology and some observations about the rules. Continue readingRead More
Part I: The Fed releases rules on capital for GSIBs, includes extra requirements for securities financing trades
The Fed has released the latest capital rules for Global Systemically Important Bank Holding Companies (GSIBs). One critical part of this set of rules is the inclusion of a second…Read More
Sovereigns and OTC Derivatives Clearing: the rules are a mess. We look at an excellent paper from BNYM.
Recently Bank of NY Mellon (BNYM) published a paper “Sovereigns in Search of Solutions:OTC Derivatives Reform: Direct and Indirect Impacts” reviewing the dilemmas faced by banks when executing OTC derivatives…Read More
Bank of New York Mellon targets DTC-cleared paper in the next step in tri-party reform. This one is going to hurt.
Bank of New York Mellon (BNYM) has told their tri-party customers about the next step in reducing the systemic risk….and some market players fear it will create some nasty unintended…Read More