The latest statistics from the Bank for International Settlements shows an overall contraction in the global over-the-counter derivatives market, despite a large increase in market values.The BIS reports that, in the first half of 2010, positions of all types of OTC derivatives fell by 4% to US$583 trillion, following the 2% increase in the second […]
International issuance falls 23% to lowest level since 2005
Strengthening balance sheets in the financial sector is the precondition for restoring financial stability and scaling back public sector involvement
BIS reports banks particularly exposed to Greece, Ireland, Portugal and Spain
Overall market values down 15% in the second half of 2009
Noyer succeeds Ortiz
Drop entirely driven by a contraction in interbank claims
Notional amounts of credit default swap contracts continued to decline
BIS issues quarterly review
Regulators must focus on the stability of the system as a whole as well as individual institutions