Category Archives: Banking

The Fed’s Climate Complacency

The US Federal Reserve’s new pilot climate scenario exercise for major US banks is likely to understate both the risks and opportunities of tackling climate change. The US Federal Reserve is being dangerously complacent about climate change. It understandably does … Continue reading

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Climate Shock: time for more stressful tests on banks

There is no doubt that the central banks, supervisors and regulators recognise the urgency of climate change. This is why they are conducting stress tests on the financial risks that it poses to the banks and other financial institutions. Sadly, … Continue reading

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Central Bank Digital Currencies: Challenges for Commercial banks

Digital currencies are rapidly moving up the agenda for commercial banks. Although Facebook has been forced back to the drawing board with its grand Libra global currency plan, the Covid-19 pandemic is giving dramatic impetus to the central banks’ studies … Continue reading

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