Bank of England Finds Non-Bank Financial Firms Pose Wider Risks in Crisis Periods December 2, 2024 Non-bank financial institutions such as hedge funds remain vulnerable to a sudden financial shock and would not all be able...
ECB’s Cyber Security Test Shows ‘Room for Improvement’ for Banks July 29, 2024 Euro zone banks have “room for improvement” in their cyber security, starting with how they would keep their business running...
European Central Bank’s Cyber Stress Test Will Not Affect Capital Requirements January 3, 2024 The European Central Bank’s cyber resilience stress test in the coming months will not affect bank-specific capital requirements but instead...
Bank of England to Deepen System-Wide Stress Test for Banks, Insurers November 13, 2023 By Huw Jones The Bank of England said on Friday it would start the second leg to its first system-wide stress test of...
EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout June 23, 2023 By Frances Schwartzkopff European banks are building out their risk models to better prepare for the fallout from climate change, with some even...
Regulator Tells Australian Banks to Boost Cyber-Attack Defenses March 28, 2023 By Nabila Ahmed and Carmeli Argana Australia’s financial institutions must improve their resilience to cyberattacks, the head of the nation’s banking regulator said Tuesday. A recent...
EU Regulators to Rethink Liquidity Risk After Credit Suisse Unravels March 24, 2023 By Nicholas Comfort and Steven Arons The rapidly unfolding crises of confidence at Credit Suisse Group AG and Silicon Valley Bank are prompting some regulators gathered...
European Central Bank to Test Cyber Resilience of Banks March 10, 2023 The European Central Bank plans to test the cyber resilience of the euro zone’s top banks after a sharp rise...
Europe’s Banks, Insurers Prepare for Potential Winter Power Cuts, Energy Rationing September 7, 2022 By Sinead Cruise and Iain Withers Some of Europe’s biggest banks are preparing back-up generators and to dim the lights as they brace for potential power...
MetLife Granted Third Fed Extension to Submit Capital Plan January 8, 2013 The Federal Reserve has granted MetLife Inc a third extension to submit its capital plan as the insurer moves closer...