Bank for International Settlements
Credit Suisse failure weakened bail-in credibility
A new Bank for International Settlements working paper finds that the Credit Suisse failure in March 2023 weakened bail-in credibility across Europe.
Focus
Swaminathan: India's banking resilience built by design
Reserve Bank of India Deputy Governor Swaminathan J outlined how India's banking sector achieved resilience through deliberate policy design.
Rehn: Payments need resilience amid power politics
Bank of Finland Governor Olli Rehn emphasized the critical need for resilience, autonomy, and alternatives in European payment systems.
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Ueda: Japan's inflation to rise above 3% amid oil price surge
Bank of Japan Governor Kazuo Ueda stated that Japan's inflation is projected to rise above 3 percent in fiscal 2026 due to surging crude oil prices.
Canada's financial system resilient, but vulnerabilities rise
Bank of Canada officials Carolyn Rogers and Toni Gravelle presented the Financial Stability Report, noting the system's resilience despite rising vulnerabilities.
Yue: Hong Kong connects markets, fosters digital finance innovation
Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, highlighted the city's role as a 'super connector' in enhancing cross-border payments and fostering financial innovation.
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DNB fosters fintech innovation with responsible supervision
Steven Maijoor, Executive Board Member and Chair of Supervision of De Nederlandsche Bank, emphasized the central bank's commitment to fostering fintech innovation.
Lee: Digital finance needs trust and interoperability
Howard Lee, Deputy Chief Executive of the Hong Kong Monetary Authority, delivered a keynote speech at the Hong Kong Digital Finance Summit on May 29, 2026.
Nonparametric VAR with nonlinear factors for macro analysis
This paper proposes a vector autoregression augmented with nonlinear factors, modeled nonparametrically using regression trees.
Makhlouf: External risks intensify, domestic system resilient
Gabriel Makhlouf, Governor of the Central Bank of Ireland, highlighted intensifying external risks to the domestic financial system.
Statistical challenges in geoeconomic fragmentation
Fritzi Köhler-Geib, speaking at the External Statistics Conference, emphasized the critical role of high-quality external statistics in an era of increasing geoeconomic fragmentation.
Panetta: Global economy resilient, new conflicts fuel inflation
Banca d'Italia Governor Fabio Panetta presented an overview of global economic and financial developments for 2025.