GENEVA, May 19- The Swiss National Bank is aware of the risks posed by negative interest rates, which it has used to tame a surge in the Swiss franc, SNB vice-chairman Jean-Pierre Danthine said on Tuesday. According to an advance text of a speech in Geneva, Danthine also said the SNB could expand its balance sheet again if needed. Switzerland's central bank shocked...» Read More
Sheila Bair, former FDIC chair, says stress tests are good, but they cannot substitute capital rules. She also explains why money market funds remain at risk and require more oversight, with CNBC's Maria Bartiromo.
In another milestone in the banking industry’s recovery from the financial crisis, the Federal Reserve this week will release the results of its latest stress tests, which are expected to show broadly improved balance sheets at most institutions, the New York Times reports.
Looking for a euro-dollar trading strategy among the torrent of European news reports? Here's an idea.
Bill Gross, Pimco Co-CIO & founder, explains there is a misconception that Pimco is short US Treasuries. Investors can find pristine balance sheets in countries like Canada, he adds.