News | Latest Breaking News Stories & Headlines

UBS Group emerged as Switzerland's one and only global bank, after a state-backed rescue of its smaller peer Credit Suisse last year

Global watchdog tells Switzerland to bolster controls

Switzerland must strengthen its banking controls, a global financial watchdog said today, highlighting the risk a failure of UBS would pose to the country in the starkest warning yet of the perils from its takeover of Credit Suisse.

Business • 29 Feb 24

The latest G20's Financial Stability Board puts JP Morgan in the top spot

JP Morgan remains biggest systemically important bank

JP Morgan remains the world's most systemically important bank according to the latest rankings from the G20's Financial Stability Board published today.

Business • 21 Nov 22

Earlier this week the Financial Stability Board warned that the crypto assets market poses a threat to global financial stability.

EU 'not overly alarmed' at growing use of crypto-assets

The EU is not overly alarmed at the growing use of crypto-assets, the EU Commissioner for financial services, financial stability and Capital Markets Union has said.

Business • 17 Feb 22

JP Morgan Chase has become the world's most systemically important bank once again, the latest rankings from the Financial Stability Board show

JP Morgan is now world's most systemic bank

JPMorgan Chase has once again been named the world's most important bank to the health of the wider financial system, according to the latest annual ranking of top lenders by global regulators.

Business • 23 Nov 21

Shadow banking is lending by entities outside the traditional banking industry

Irish shadow banking 10 times size of economy

Ireland has the highest level of shadow banking assets in the world as a percentage of GDP, according to figures from the Financial Stability Board, a group of global regulators.

Business • 24 Feb 16

Mark Carney says new measures would help ensure that the banks, not taxpayers, would face the 'consequences'

Big banks need extra €1 trillion cushion

The world's biggest banks must bolster their cash reserves by up to €1.1 trillion as protection against any future financial crises, an influential advisory body said today.

Business • 09 Nov 15

Mark Carney, chairman of the Financial Stability Board, on banks that are too big to fail

New rules to put an end to 'too big to fail' banks

Global regulators today proposed new rules to ensure that bank creditors rather than taxpayers pick up the bill when a big lender collapses.

Business • 10 Nov 14

Regulators publish new criteria for home loans

The Swiss-based Financial Stability Board have published global guidance to make granting home loans more rigourous.

Business • 19 Apr 12

Financial Stability Board