Banks Warn of Growing Energy-Related Risks in Mortgage Portfolios
Across Europe, banks are trying to figure out how to handle a growing risk lurking in residential mortgage portfolios: energy consumption.
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Across Europe, banks are trying to figure out how to handle a growing risk lurking in residential mortgage portfolios: energy consumption.
South Korea’s top financial watchdog attempted to revive optimism over the nation’s corporate reform initiatives to investors in New York while soothing concerns over the short-selling ban.
Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy.
Big US bond investors have been aggressively shifting money into long-dated notes, betting that the unloved asset class will be one of the winners from eventual interest rate cuts.
A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year.
Nov 14, 2018
Bloomberg News
,Canada’s six biggest lenders would absorb losses from a housing crash in Vancouver and Toronto without falling short on their minimum required capital reserves, a central bank study found.
Bank of Canada researchers ran a simulation where home prices dropped 20 per cent nationwide, and found cumulative earnings at the biggest lenders would be 14 per cent lower over three years compared with the economy’s “base case” performance.
“The financial system remains highly resilient,” Senior Deputy Governor Carolyn Wilkins told reporters at a presentation Wednesday in Ottawa to unveil a new web portal for financial-market information. “It’s important to analyze this kind of hypothetical risk scenario.”
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