Following the adoption by the Basel Committee of new capital rules for banks, a process is now taking place in the EU …

College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …

, and the interaction with banks’ risk management, supervisory tools and statistical requirements. It also examines how the … application of fair value accounting to banks’ trading book has impacted their share price volatility. It is concluded that the …

. Furthermore, the government has since taken substantial equity stakes in several other British banks as part of a general re … ever and in the US much larger and more significant banks have failed. On the face of it, therefore, the Northern Rock … institutional architecture in the United Kingdom and most especially with regard to insolvency arrangements for banks and the …

. Furthermore, the government has since taken substantial equity stakes in several other British banks as part of a general re … ever and in the US much larger and more significant banks have failed. On the face of it, therefore, the Northern Rock …

College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …

requirements and shifts banks’ focus away from their core economic functions. Tighter capital requirements based on risk …-weighted assets may further contribute to these skewed incentives. The estimated macroeconomic costs of redirecting banks’ attention … point more than under the risk-weighted assets framework. Refocusing banks’ attention toward their main economic functions …