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Central banks

Promulgating pro-cyclicality

Collaboration between financial supervisors has never been higher. But as the regulation of banks and insurance companies becomes increasingly homogenised, fears are growing about the possibility that the new rules will increase the severity of a global…

BIS says derivatives trading remains buoyant

Growth in international derivatives trading on exchanges stabilised in the second quarter with an increase of 13% between April and June, following a surge of 24% in the previous quarter, according to the latest Bank for International Settlements (BIS)…

Thomas Huertas

The director of the wholesale firms division and banking sector leader at the Financial Services Authority in London outlines the progress made in resolving the operational problems in credit derivatives processing. Interview by Nikki Marmery

Awakening giant?

Some circumstances endure long enough to become embedded in the unexamined assumptions of a generation. In the case of the Japanese economy, these assumptions could prove costly, argues David Rowe

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