The failure of Credit Suisse is peculiar because it has not involved the revelation of hidden losses or a ‘black hole’ in the bank’s accounts, but instead the erosion and finally collapse of its reputation in the eyes of its customers. Banking is above all about trust and customers finally voted with their deposits.
The Fed’s job gets tougher and tougher By Mark Sobel Already facing uncharted territory, the Federal Open Market Committee’s job is only getting tougher. It faces innumerable conundrums at its meeting in March.
MEETINGS Kenya’s macroeconomic outlook with Sheila M’Mbijjewe Friday 24 March, Roundtable The deputy governor of the Central Bank of Kenya discusses navigating global events, including the Russia-Ukraine war and the impact of rising US rates.
ON DEMAND Climate change risks for financial stability The annual SPI symposium returns to delve into climate risk and regulation, addressing practical challenges in driving sustainable financial markets to achieve net zero.
LATEST REPORT Sustainable Policy Institute, Spring 2023 This special edition of the journal examines women’s economic empowerment, how to narrow the gaps in financial inclusion and the connection between gender diversity and climate risks.
