Hints and tips:
...In a recession, funding dries up and you don’t have any FDIC insurance, which causes people to run to the banks with their deposits....
...What will the pressure be on funding costs? And what will the pressure be on capital?”...
...And if a bank does need liquidity, the Fed’s Bank Term Funding Program, established as a safety valve in March, is still open....
...His third, Churchill Capital III, recently struck an $11bn deal for US healthcare company MultiPlan — the largest transaction to date for a Spac....
...Corp bonds QE has been done before (they hold £10bn) still a potential route if credit mkts do seize up down the line....
...The biggest unsecured creditor is Pension Benefit Guaranty Corp, the US government agency that insures pensions, but the sum it is owed is classified in court documents as “unknown”....
...Meanwhile, the banking sector, with a double-digit bad loan ratio from ailing government and real estate company borrowers, has struggled since JCPOA to provide routine funding....
...The inquiry identified several vulnerabilities in the banking sector, including its reliance on foreign funding, having four big banks with similar business models based on mortgage lending, and capital...
...Basel III enforced higher capital standards and the largest groups now face capital surcharges based on size and other aggravating factors....
...The “net stable funding ratio” — another component of Basel III designed to prevent overreliance on wholesale funding that can quickly evaporate during periods of market stress — treats deposits as a better...
...For better and worse, China is much more willing and has fewer constraints on official intervention, and the role of the PBOC funding China’s Securities Finance Corp as a source of support notably for a...
...The new Basel III standard announced in 2010 requires a 7 per cent capital ratio by 2019....
...But the share sale leaves OCBC’s capital cushion close to Singapore’s minimum under the incoming Basel III regulations....
...financial plumbing may have to change in the aftermath of QE to accommodate the (i) “excess” depository market with the money funds, (ii) the demand for collateral stemming from proposed regulations, (iii...
...There are modified liquidity rules for banks that have assets of at least $50bn but are not active globally and, therefore, have less complex liquidity funding structures....
...Last month, Philippine President Benigno Aquino III became the first head of state to visit Korea since Park took office in February....
...By 2020, Tesla’s “generation III” model will be available and selling at, say, $45,000 each....
...The new rules may also translate into higher funding costs for Deutsche Bank’s US subsidiaries, weakening profitability.”...
...The Basel III capital rules make risky assets less profitable. The Volcker rule prohibits proprietary trading....
...LCH.Clearnet recently completed a €320m (US$425m) fundraising to meet the regulatory requirements, and other exchanges have identified funding shortfalls....
...Do the FSCS’s levies count as pre-funding?...
...The push is also aimed at complying with the stable funding requirements of the Basel III global rule book....
...The main differences are that i) Libor refers to individual panel banks’ funding conditions while Euribor refers to a “theoretical” prime bank and ii) Libor is a borrowing rate while Euribor is a lending...
...There was a little progress towards finalising Basel III global rule book on capital and liquidity....
...But when banks began to experience their own funding problems, many SIVs began to fail....
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