AGP Executive Report
Last update: 6 hours agoBanking recapitalisation: Bangladesh’s finance minister said the government will spend about Tk 40,000 crore this fiscal year to recapitalise weak banks, alongside management reforms and a risk-based supervisory framework aimed at cutting non-performing loans and restoring depositor confidence. Regulation & charters: A growing chorus of California-licensed banks is weighing federal charters as frustration rises over higher state assessment fees and expectations of tougher oversight under a new consumer/business regulator leadership. Capital rules in Europe: The EU’s Basel III trading-book relief was broadly welcomed, but some supervisors warned it could become a “prudential bottom” race, with the changes set to run for three years from 2027. AI and finance policy: US lawmakers are set to scrutinise whether an “AI financial bubble” could trigger taxpayer bailouts, while separate reporting highlights how banks are bracing for AI-driven fraud and scams. Cross-border payments: Liberia and Afreximbank held a seminar to strengthen correspondent banking and cross-border settlement, spotlighting AfPAY and access to regional clearing channels. Markets & housing: UK data showed first-time buyer prices falling in several coastal hotspots, while Rics reported house prices still in negative territory amid cautious sales expectations. Payments infrastructure: India’s RBI is moving to tighten banks’ derivatives risk management and governance, while Japan’s major banks plan joint stablecoin issuance by March 2027.
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