First Global Bank Stress Test Highlights Increased Financial Resilience
The world’s banking systems saw significant capital increases ahead of the pandemic and are resilient to very large shocks.
Monitoring Global Financial Stability
By Tobias Adrian, Dong He, Nellie Liang, and Fabio Natalucci
“It’s awful. Why did nobody see it coming?” asked Queen Elizabeth II in November 2008 during a visit to the London School of Economics, wondering why nobody had predicted the Global Financial Crisis. […]
Let Bank Supervisors Do Their Jobs
By Tobias Adrian and Aditya Narain
Healthy banking sector. Healthy economy. So goes the thinking. Banks play a vital role in economic life—whether for individual consumers, or more broadly across an entire economy—and a strong and stable banking system is a matter of public concern. […]
Global Financial Stability: What’s Still To Be Done?
The quest for lasting financial stability is still fraught with risks. The latest Global Financial Stability Report has two key messages: policy actions have brought gains to global financial stability since our September report; but current policy efforts are not enough to achieve lasting stability, both in Europe and some other advanced economies, in particular the United States and Japan.