Bank for International Settlements (BIS)

Outstanding notional on CDSs drops for first time

The Bank for International Settlements (BIS) today released statistics for the over-the-counter derivatives market, which revealed that, although the overall market continues to grow, the outstanding notional on credit default swaps has declined.

BIS chief executive will quit in September

Malcolm Knight, general manager and chief executive of the Bank for International Settlements (BIS), will step down at the end of September, ahead of his planned departure in June 2009.

CDS market soars but equities shrink in late 2007

The credit default swap (CDS) market grew at record rates in the second half of last year, but equity derivatives shrunk for the first time since 2004, according to figures released today by the Bank for International Settlements (BIS).

BIS to modify Basel II rules

The Basel Committee on Banking Supervision is to make changes to the Basel II capital framework in response to the ongoing financial crisis. The modifications are expected to include the upping of Pillar I regulatory capital requirements, as well as the…

Bank practices undermined liquidity, BIS says

In the approach to the credit crisis, practices such as securitisation, dependence on the money markets and use of collateral increased the danger of a liquidity shortfall, according to a report released by the Bank of International Settlements (BIS).

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