Basel III Turns Banks into Bastions of Stability: A decade on from the financial crisis, things seem to be looking up for the industry. Crypto players should take note. BISIII BaselCommitteeonBankingSupervision bankstability
When it comes to Basel III, it is all starting to look like an unqualified success. That is quite something to say given the now dimly remembered, panic-ridden days of the global financial crisis and the uncertainty that followed for years afterward.
The report examined bank-level data agnostically from the crisis up to 2019, acknowledging the events that transpired during a period characterized by high growth, low-interest rates, and accommodative central bank monetary policies. They also experienced the greatest improvement in market-based resilience measures, an achievement the committee suggests was related to Basel III reforms. Importantly, the increase was driven by increasing capital in the banking system and not by curbing exposures or risk-weighted assets.
That should come as particular relief for the Swiss government, which stepped in to rescue UBS during the financial crisis.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stadt Basel BS: 23-jähriger Mann Opfer eines Raubes – ZeugenaufrufAm 16.12.2022, nach 19.00 Uhr, wurde ein 23-jähriger Mann in der Rosentalstrasse in der Nähe des Badischen Bahnhofs Opfer eines Raubes. Er wurde dabei nicht verletzt. Die bisherigen Ermittlungen de…
Read more »
100 Tage Charles III. – Aus dem Arbeitsalltag eines KönigsSeit dem 8. September ist der britische Monarch in Amt und Würden. Er hat Audienzen abgehalten und Premierminister-Wechsel moderiert. Hat sich für gelbe Crocs begeistert und musste fliegenden Eiern ausweichen. 50 Begebenheiten aus seinen ersten 100 Tagen.
Read more »
Erstmals wird eine Boeing 747-8 verschrottet - aeroTELEGRAPHDas Flugzeug ist nur zehn Jahre alt und flog weniger als 20 Mal. Jetzt wird der einstige Geister-Jumbo von “Basel in den USA zerlegt - als erste Boeing 747-8 überhaupt.
Read more »
Basel III Turns Banks into Bastions of StabilityBasel III Turns Banks into Bastions of Stability: A decade on from the financial crisis, things seem to be looking up for the industry. Crypto players should take note. BISIII BaselCommitteeonBankingSupervision bankstability
Read more »