To facilitate comparisons – EBA’s 2015 ‘other’ transparency data

With the EBA stress test out soon, here is a file that presents the “Other Templates.csv” sheet from last year’s EBA transparenc exercise in a neat Stata (version 12) file. Click here for the Stata…

Did Neel Kashkari just can his Ending Too Big to Fail Initiative?

This week, Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, updated us on his Ending Too Big to Fail (TBTF) initiative. Update or U-turn? The update is remarkable. Neel has dramatically lowered his ambitions….

Deutsche Bank’s buyback justifies more fair value accounting

Deutsche bank intends to buy back a significant amount of debt, according to the FT. Interestingly, I wrote about these buybacks in a paper with Annelies Renders of Maastricht university. These buyback transactions are generally…