Why would culture at the New York FED be unique?

It began with APRA’s Wayne Byres two weeks ago. His speech highlighted the importance of culture. It concludes as follows: “An increasing proportion of supervisory attention is therefore being directed to making assessments of organisational culture. The international community of supervisors is still grappling with how best to do this, and how to respond when a… Read More Why would culture at the New York FED be unique?

Bank capital on track

Today both the EBA and the Basel committee published their Basel III monitoring reports. These reports measure the progress banks make regarding the implementation of the new bank capital rules.   The results look encouraging, banks have added capital since the April 2009 G20, shortfalls are lower than before, and not near the voodoo stories… Read More Bank capital on track