The second-biggest custodian will provide “record-keeping services” for the unregulated asset
Flush with new cash, vendors ready rebalancing services ahead of risk-sensitive leverage framework
Collateral received by the Japanese bank exceeds its total on-balance-sheet assets – does it matter?
US banks benefit from Treasury repo exemption, while EU banks report only end-quarter ratios
Large banks in the EU continued to absorb capital add-ons in response to scrutiny of their internal risk models in the last quarter of 2020. A number expect to take further such charges this year, too. Dozens of top lenders were subject to on-site assessments under the ECB’s Targeted Review of Internal Models from 2016 through 2020. Some were saddled with capital add-ons following these to address the “unwarranted variability” of their model outputs compared with benchmarks.Read the full article