News Centre

BIS June 2013 Quarterly Review: Markets Under The Spell Of Monetary Easing

Date 02/06/2013

• Further monetary easing boosted asset prices despite negative macroeconomic news.
• Cross-border claims of BIS reporting banks fell in the fourth quarter of 2012 as a sharp reduction in cross-border interbank lending more than offset higher cross-border credit to non-banks.
• Paul Melaschenko and Noel Reynolds (BIS) propose a mechanism to recapitalise banks that are too big to fail.
• Mathias Drehmann (BIS) finds that the reliability of credit gap indicators as an early warning signal for incipient systemic crises can be improved by using data on total credit to the private sector rather than bank credit data only.
• Chen Zhou (Netherlands Bank) and Nikola Tarashev (BIS) measure banks' systemic importance on the basis of information about rare events that they compute using tools from extreme value theory.

U.S. Federal Reserve Chairman Ben S. Bernanke At The Baccalaureate Ceremony At Princeton University, Princeton, New Jersey, June 2, 2013, The Ten Suggestions

Date 02/06/2013

It's nice to be back at Princeton. I find it difficult to believe that it's been almost 11 years since I departed these halls for Washington. I wrote recently to inquire about the status of my leave from the university, and the letter I got back began, "Regrettably, Princeton receives many more qualified applicants for faculty positions than we can accommodate."

Tehran Stock Exchange To Hold AGM

Date 02/06/2013

Tehran Stock Exchange (TSE)’s Annual General Meeting for the fiscal year ended 20th March 2013 will be held on Tuesday 11th June at 15:00 local time, stated Mr. Habib Reza Haddadi, TSE’s financial director.

Burgundy On Millennium Exchange - GO!

Date 01/06/2013

Oslo Børs and Burgundy are pleased to confirm our announcement to go-live on the Millennium platform on the Burgundy market as of start of trading Monday 3 June 2013.

IMF Completes Third Review Under Extended Fund Facility Arrangement For Greece, Concludes 2013 Article IV Consultation

Date 01/06/2013

The Executive Board of the International Monetary Fund (IMF) yesterday completed the third review of Greece’s performance under an economic program supported by an Extended Fund Facility (EFF) arrangement. The completion of this review enables the disbursement of SDR 1.5 billion (about €1.74 billion or US$2.26 billion), which would bring total disbursements under the arrangement to SDR 5.7 billion (about €6.57 billion or US$8.55 billion).

CBOE Risk Management Conference Europe: CBOE To Host Second Annual CBOE RMC Europe September 30 - October 2, 2013 In Portugal

Date 31/05/2013

The Chicago Board Options Exchange (CBOE) will host the second annual CBOE Risk Management Conference (RMC) Europe, from Monday, September 30 through Wednesday, October 2, at Penha Longa Resort in Sintra, Portugal.

BATS 1000 Index Down 1.2% This Week

Date 31/05/2013

BATS Global Markets, a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000® Index (Ticker: BATSK) fell 227.21 points, or 1.2%, this week to close at 18,305.50 as of the 4 p.m. ET market close today.

OCC Wins Gold For Best Annual Report At The PCC Golden Trumpet Awards

Date 31/05/2013

OCC announced today that its 2011 annual report won gold in the Best Annual Report category at the 2013 Golden Trumpet Awards presented by the Publicity Club of Chicago at a dinner honoring the award winners on May 30, 2013.

Keynote Luncheon Speech By SEC Commissioner Elisse B. Walter, 32nd Annual SEC And Financial Reporting Institute Conference, Pasadena, CA

Date 31/05/2013

Introduction

Good afternoon and thank you, Dean Bill (Holder) for your kind introduction, and thanks to Randy (Beatty) for inviting me to share my views at the 32nd Annual SEC and Financial Reporting Institute Conference here at USC. I am delighted to be here with all of you today.

CFTC Commitments Of Traders Reports Update

Date 31/05/2013

The current reports for the week of May 28, 2013 are now available.