bank for international settlements - updates

Rappler's latest stories on bank for international settlements


'Green Swan': Bankers warn of climate change risks

Jan 21, 2020 - 9:28 AM

Climate risks could generate a 'green swan' – a reference to the concept of an unpredictable and devastating 'black swan' event developed by philosopher Nassim Nicholas Taleb

Demonstrators hold placards during a protest against climate change on April 6, 2019 in Lausanne. Photo by Fabrice Coffrini/AFP

Philippines joins 'elite' cross-border banking data reporting

Jan 15, 2018 - 2:30 PM

Switzerland-based Bank for International Settlements adds the Philippines as a reporting country, which the Bangko Sentral ng Pilipinas says would 'enhance the transparency of global transactions and funding flows'

INCLUSION. Bangko Sentral chief Nestor Espenilla Jr says the Philippines' 'inclusion into the elite group provides us with more granular cross-border banking data that would be very critical in formulating well-informed policies when and how they may be needed.' Rappler file photo

'New compass' needed for global economy: BIS

Jun 30, 2014 - 10:10 AM

It is essential to move away from debt as the main engine of growth a top official from the Swiss based Bank for International Settlements says