Since 2011, banks’ leverage ratio has improved from 3.5 to 6.5 per cent and their risk-based common equity tier 1 ratio (CET1) has risen from 7 to 13 per cent, according to Basel Committee
The EU Single Resolution Board (SRB) has issued a statement confirming that holders of Additional Tier 1 (AT1) instruments should rank ahead of holders of common equity in case of resolution or insolvency of a banking institution in the Banking Union
The Bank of England will increase the frequency of seven-day maturity US dollar repo operations from weekly to daily, commencing on Monday 20 March 2023, as markets react to Credit Suisse troubles
The mandate was signed without approval of shareholders, under emergency orders issued by the Swiss Federal Council, yesterday (Sunday 19 March)
Based in Toronto, Farrell will be responsible for all US and Canadian operations at the company, expanding its North American footprint
Based in Luxembourg, Georgopoulos will report to group chief commercial officer, Emma Crabtree
Credit Suisse has partnered with act Cleantech Agentur Schweiz to expand its sustainability-related advisory services to corporate clients
Credit Suisse has expanded its partnership with digital asset infrastructure provider Taurus, serving as lead investor in its Series B funding round
Stuart Hartley, managing director of Qomply, talks to Jenna Lomax about why system testing is an industry must, and how automatic regression testing can clear the pathway toward customer satisfaction and regulatory compliance
Digital assets have faced a lot of criticism lately, but what’s the real state of the market?
Jenna Lomax examines the recent Credit Suisse crisis and questions if the incident proved that post-2008 regulations are no longer fit for purpose when it comes to managing risk
AST talks to Simon Byles about his new role as global head of business development for managed services at SmartStream
Rebecca Xuereb of BOV Fund Services explains why the role of the fund administrator is being transformed from a back-office operation to more of a core function within the funds industry
Local players are still playing for keeps in the Swiss custody market, as AST finds out
