Blog: G-SIB Methodology Unfairly and Unnecessarily Targets a Subset of U.S. Banks
Nov 21, 2017
A new research note published by The Clearing House explains why the Basel Committee should continue to limit the impact of the provision of payments, custody and underwriting services on the calculation of the G-SIB surcharge.
Blog: Are Banks' Stress Test Model Projections Less Pessimistic than the Federal Reserve’s Model Projections? The Data Say No
Nov 16, 2017
New TCH research note analyzes the results of the supervisory stress tests obtained using the Fed’s models relative to the results obtained using banks’ own models under the Dodd-Frank Act stress tests over the past 5 years.
Blog: Why Leveraged Lending Guidance is Far More Important, and Far More Misguided, Than Advertised
Nov 14, 2017
In this blog, we describe how radical a notion the leveraged lending guidance was, how it apparently failed (but continued apace), and why it should serve as a cautionary tale to policymakers considering a similar adventure in the future.
Blog: How Regulation is Shaping the Next Financial Crisis
Nov 2, 2017
Banks and broker-dealers traditionally have played a crucial role in mitigating a panic, or slowing its acceleration. However, post crisis regulatory reforms may prevent banks from stepping in to support markets in the next crisis.
Blog: Leverage ratio requirements and repo market dynamics
Oct 31, 2017
The final day of each quarter, the leverage ratio requirement is turned on for European banks; it is turned off again the next day. The resulting flows between repo market participants and the Fed illustrate both the impact and shortcomings of those requirements.