by Nick Nicholls | Mar 18, 2024 | Blog
A good portion of the art of banking is resilience. This is the focus of the Dear CEO letter from the Prudential Regulation Authority (PRA) to PRA-regulated international banks active in the UK. So that’s the foundation. But the keyword in the PRA letter is sudden...
by Nick Nicholls | Feb 14, 2024 | Blog
We never know the worth of liquidity until it is gone. 2023 was littered with banks that lost the good fight, and every one of them exposed liquidity challenges in the financial industry. Now, regulators across the globe are intensifying their focus on liquidity...
by Nick Nicholls | Jan 24, 2024 | Blog
Principles are good. They set the tone. The interpretation of these principles in regulation is necessary. However, and for example, regulations, such as a strong LCR didn’t help Credit Suisse. It has been mooted in certain quarters that the answer is ‘more’. More...