An anxious China has rescued three banks this year. At least 25 more share some of their worst traits
Lender sold four bail-in bonds last quarter, boosting its TLAC ratio to 18.9%
Bank’s TLAC ratio hits 19.4% following debt issuances
Dutch bank has current MREL ratio of 27.8%, compared with target of 28.58%
UK bank issues £7.1 billion of MREL debt in first half of 2019
Global standard-setter says all clearing participants must be incentivised to manage risk
“Unintended and unnecessary” splits in regulation damage financial markets, says FSA’s Ryozo Himino
But research finds weaker implied sovereign support reduces impact on non-Sifi competitors
This paper analyzes the competitive effects of government bailout expectations on bank risk using a sample of banks in OECD countries from 2005 to 2015.
Will Jelena McWilliams finally nail down the FDIC’s role as a resolution authority?
Regulatory uncertainty fading as constraint on MREL placements
Subordinated debt requirement will hit smaller banks hardest
Leaked BRRD text reveals all Greek and Portuguese banks could escape subordinated debt regime
Contributions to the SRF jump 25% on average
US bankruptcy-first approach needs more thought on emergency liquidity, say experts
This paper describes the current policy for recovery and resolution of CCPs and assesses the tool kit for resolution of them.
Bailout fund should guarantee all EU government debts but charge a protection fee, writes Marcello Minenna
Mnuchin regulatory review explicitly refers to FDIC as receiver under a Title II resolution
Without MREL or TLAC, governments are at mercy of private buyers for failed banks
Bondholders face fresh uncertainty about European use of bail-in, critics warn
Supporters of bankruptcy act want it separated from repeal of Dodd-Frank Title II
Issuing Tier 2 and senior unsecured debt will become more expensive for the top four banks in the country
Financial Stability Board wants Japan to clarify the conditions under which it can use its resolution powers
A year on since BRRD came into force, the debate on taxpayer bailouts is far from resolved