Funding crises, loss of confidence, large charge offs
"We have made a conscious decision to adopt fintech"
H.E. Rasheed M. Al-Maraj, governor of the Central Bank of Bahrain, in his keynote address during the Middle East & Africa Fintech Forum 2017 discusses the efforts of the central bank to enhance the quality and competitiveness of services in the financial sector through fintech.
Relooking the transaction banking value proposition
The combination of slowing global economic growth, record low interest rates, increasing costs of regulatory compliance, and pace of financial disruption that demands greater investments is making many transaction banks relook their business propositions and operating models.
Video: Nick Minogue on aligning liquidity risk management and profitability
Minogue ran the risk management team at Macquarie for over a decade in a 16-year career with the bank and took a break form the role in 2009. He was a speaker and a moderator at The Risk and Regulation Conference 2010,an integral part of the Asian Banker Summit each year, of which The Risk and Regulation Working Group (RWG) is an online extension. Minogue also sits on the advisory board of the RWG.
Why the BCBS can’t say much about Asian lenders
The Basel III rules about new global regulatory standards on bank capital adequacy and liquidity are finally here after several twists and turns. The Basel Committee on Banking Supervision (BCBS) says that, as a result of its new definition of capital that introduces the new capital standard of common equity Tier 1 (CET1) and a modified version of what constitutes Tier 1 capital, banks’ gross common equity tier 1 ratio will drop 5.4 percentage points to 5.7% for ‘Group 1’ banks, those with Tier 1 capital of more than $4 billion, while the corresponding decline for ‘Group 2’ banks, with Tier 1 capital lesser than this amount, the drop is set to be 2.9 percentage points. In other words, the capital shortfall for Group1 lenders will fall short of anything between $220 billion at the BCBS’s prescribed lower limit of CET1 of 4.5% and $769 billion for the upper limit of 7%, as per the banks’ balance sheets at the end of 2009.