BNY Mellon doubts that easing the US Supplementary Leverage Ratio (SLR) will significantly lower long-term Treasury yields, citing banks' limited capacity and preference for less risky assets, as US regulators move to relax capital requirements for major banks.
#YonhapInfomax #BNYMellon #SLR #USTreasuryYields #GSIB #FedRegulation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70398
BNY Mellon Skeptical That SLR Easing Will Lower US Long-Term Yields

BNY Mellon doubts that easing the US Supplementary Leverage Ratio (SLR) will significantly lower long-term Treasury yields, citing banks' limited capacity and preference for less risky assets, as US regulators move to relax capital requirements for major banks.

Yonhap Infomax
The US FDIC has joined the Federal Reserve and OCC in supporting a proposal to ease the Supplementary Leverage Ratio for major banks, with public comments open until August 26.
#YonhapInfomax #FDIC #SLR #GSIB #FederalReserve #PublicCommentPeriod #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69774
US FDIC Backs SLR Easing—Public Comments Open Until August 26

The US FDIC has joined the Federal Reserve and OCC in supporting a proposal to ease the Supplementary Leverage Ratio for major banks, with public comments open until August 26.

Yonhap Infomax
The US Federal Reserve approved a proposal to lower the Supplementary Leverage Ratio for GSIBs, aiming to boost Treasury market resilience, despite dissent from two board members citing systemic risk concerns.
#YonhapInfomax
#FederalReserve #GSIB #SupplementaryLeverageRatio #TreasuryMarket #CapitalRequirements
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69379
Fed Approves Proposal to Lower SLR for GSIBs—Bar, Kugler Dissent

The US Federal Reserve approved a proposal to lower the Supplementary Leverage Ratio for GSIBs, aiming to boost Treasury market resilience, despite dissent from two board members citing systemic risk concerns.

Yonhap Infomax
The US Federal Reserve has proposed lowering the enhanced Supplementary Leverage Ratio (eSLR) for major banks, aiming to boost US Treasury market resilience, though the move faces opposition from some board members.
#YonhapInfomax #FederalReserve #SupplementaryLeverageRatio #USTreasuryMarket #GSIB #MichelleBowman #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69354
Fed Unveils Proposal to Lower SLR—Bar, Kugler Dissent

The US Federal Reserve has proposed lowering the enhanced Supplementary Leverage Ratio (eSLR) for major banks, aiming to boost US Treasury market resilience, though the move faces opposition from some board members.

Yonhap Infomax

RT by @EU_SRB: ICYMI, we published the 2023 list of global systemically important banks. Our query tool lets you track the bucket allocation of banks over the years. Find out more here:
https://www.fsb.org/work-of-the-fsb/market-and-institutional-resilience/global-systemically-important-financial-institutions-g-sifis/

#GSIB #FinancialStability

🐦🔗: https://nitter.cz/FinStbBoard/status/1732010956341883027#m

[2023-12-05 12:16 UTC]

Global Systemically Important Financial Institutions (G-SIFIs)

Search the G-SIFI communications.

RT by @EU_SRB: Our review of the 2023 bank failures and lessons learnt upholds the appropriateness and feasibility of the international resolution framework. Find out more:
https://www.fsb.org/2023/10/fsb-review-of-2023-bank-failures-assesses-implications-for-the-operation-of-the-international-resolution-framework/

#FinancialStability #BankResolution #GSIB

🐦🔗: https://nitter.cz/FinStbBoard/status/1711719248903467181#m

[2023-10-10 12:24 UTC]

FSB review of 2023 bank failures assesses implications for the operation of the international resolution framework

Report identifies lessons learnt regarding the FSB Key Attributes’ framework for resolving global systemically important banks (G-SIBs) and other systemically important banks.

Swiss banking giants combine to quell growing global bank crisis

UBS will take over beleaguered Credit Suisse, capping more than a week of speculation over the Swiss giant’s fate.

The Washington Post

If you're interested in the minutiae of this, Levitin's piece is short and clear - there's no automatic tort-based claim that would let the FDIC get the money back from the investors, because SVB isn't classed as a really big bank (a "#GSIB").

As for #DoddFrank's #SourceOfStrength doctrine, it "doesn't create any concrete financial liability—it's just exhortatory."

4/

New fears for #stability of the #global #FinancialSystem rattled financial markets on Wednesday, after #CreditSuisse acknowledged it found “material weakness” in its #financial reporting, adding uncertainty to the already jittery banking sector in the wake of #SiliconValleyBank collapse. Shares of Credit Suisse were down 20 percent on the news. #European #Banking #FinancialStability #GlobalFinancialRisk Risk #SystemicRisk #GSIB https://www.washingtonpost.com/business/2023/03/15/svb-banking-credit-suisse-stocks/
Swiss National Bank will provide Credit Suisse financial support ‘if necessary’

Shares of the Swiss banking giant fell nearly 20 percent in early trading, creating new uncertainty in the wake of Silicon Valley Bank’s collapse.

The Washington Post
An analysis of regulatory filings reveals that 1,074 firms—from Andreessen Horowitz to General Catalyst—were holding capital at Silicon Valley Bank in 2022

General Catalyst, Two Sigma, and Andreessen Horowitz all kept some portion of their billions in fund assets at the bank.

Fortune