Leverage ratio
BIS research posits test for unsustainable credit growth
Method could provide early-warning system
In-depth introduction: Bonds
Interplay between rules could reshape demand for government debt
Q&A: SSM's Nouy on Europe's capital confusion
Chair of eurozone watchdog tells Risk.net member states should ditch carve-outs
Banks struggle to make strategy calls as rules pile up
Isda AGM: Interaction between some rules “very, very convex”, says Deutsche exec
Nomura reviews viability of swaps clearing business
OTC clearing service in Europe and US may face the chop
Q&A: the Bundesbank’s Andreas Dombret on small banks, big banks and shadow banks
Supervisors are “miles” from being able to monitor shadow banking risks, says financial stability head.
In-depth introduction: Clearing incentives
Price hikes at Goldman Sachs show how much pressure FCMs are under
China banks ready for tougher leverage ratio rules
State-owned and private banks already above 4% standard regulators are introducing
Nouy: Europe should keep 3% leverage ratio
SSM chair also wants to end rule opt-outs that make banks "look stronger than they really are"
Goldman hikes clearing fees by 75bp as leverage ratio bites
New fee structure amounts to a fourfold increase in some cases
Unclear incentives: do capital and margin rules support CCPs?
Regulators see incentives to use cleared swaps; critics claim analysis is flawed
Basel will address leverage ratio threat to clearing
FAQ document to tackle treatment of segregated initial margin
SunGard unveils clearing utility as FCM exit fears grow
Barclays is first client for service that promises 20% savings for FCMs
What links Schumpeter, market structure and Basel III?
Regulators are hoping higher capital levels will translate into healthier markets
Goodbye Sonia flat: banks rethink swaps with bond collateral
Higher discount rate can cut payouts to in-the-money clients by millions
KVA: banks wrestle with the cost of capital
As the bank capital burden grows, dealers are trying to price in the associated costs
Banks blame regulation for FCA's clearing worries
UK regulator warns client clearing could become a “missing market” but defers study
UBS takes Sfr4.2bn of client collateral off balance sheet
Accounting change cuts futures clearing leverage exposure
Massad backs leverage ratio changes
CFTC chairman “very concerned” about negative impact on clearing
House committee calls on Fed to change leverage ratio
US politicians argue "unwarranted" capital burden will hike end-user costs
The invisible incentives of clearing
Leverage ratio is making life difficult for clearing's gatekeepers
Wells Fargo: clear ambition
Low leverage gives clearing newcomer a chance to expand
Leverage ratio threat to Eurodollar liquidity
Cost of benchmark contract will rise and liquidity will fall, clearers warn
Grim repo: clearing touted as saviour for shrinking market
CCPs wary of risks as they vie to launch buy-side repo services