bank for international settlements

The Bank of England is debating whether to issue a digital currency

The Bank of England is debating whether to issue a digital currency

Central banks are researching digital forms of notes and coins as cash usage declines.
Zombie companies are hiding an uncomfortable truth about the global economy

Zombie companies are hiding an uncomfortable truth about the global economy

Some companies never seem to die. The corporate version of the living dead is a business that's kept alive by financing instead by making money.
Central banks are contemplating a world without cash

Central banks are contemplating a world without cash

More than a dozen central banks are considering how and whether to create a digital form of cash.
Climate Change Could Cause the Next Financial Meltdown

Climate Change Could Cause the Next Financial Meltdown

The E.C.B., which meets Thursday, is among central banks trying to prepare for what a report warns could be a coming economic upheaval.
Climate Change Could Blow Up the Economy. Banks Aren’t Ready.

Climate Change Could Blow Up the Economy. Banks Aren’t Ready.

Like other central banks, the E.C.B., which met on Thursday, is scrambling to prepare for what a report warns could be a coming economic upheaval.
Subzero Interest Rates Are Luring Insurers to Risk

Subzero Interest Rates Are Luring Insurers to Risk

Usually the most strait-laced of investors, insurance companies are letting loose to gain some income, drawing the attention of regulators.
Subzero Interest Rates Are Luring Insurers to Risk

Subzero Interest Rates Are Luring Insurers to Risk

Usually the most strait-laced of investors, insurance companies are letting loose to gain some income, drawing the attention of regulators.
Cashless payments are growing faster in India than just about anywhere else

Cashless payments are growing faster in India than just about anywhere else

The shift is attracting tech companies, backed by deep-pocketed foreign investors.
What China could gain from a digital yuan

What China could gain from a digital yuan

Digitizing the yuan could make central planning a lot easier.
Low interest rates could be a “Blockbuster Video moment” for the world’s biggest banks

Low interest rates could be a “Blockbuster Video moment” for the world’s biggest banks

The worry for lenders is that their main means of making money is faltering.
Facebook’s Libra is spurring central banks’ interest in issuing cryptocurrency

Facebook’s Libra is spurring central banks’ interest in issuing cryptocurrency

Central banks were not that hot on cryptocurrency just a few months ago.
When Dead Companies Don’t Die

When Dead Companies Don’t Die

The policies created to pull the world out of recession are still in place, but now they are strangling the global economy.
China’s debt disease might wreck its uncrashable housing market

China’s debt disease might wreck its uncrashable housing market

The world has long been waiting for Chinese consumers to start buying their goods. They bought houses instead.
Jack Dorsey doubles down on bitcoin development

Jack Dorsey doubles down on bitcoin development

Square is hiring a handful of open-source cryptocurrency developers, the first initiative of its kind for a publicly-traded company.

Central Banks See ‘No Value’ in Issuing Digital Currency: BIS Chief

BIS chief Agustin Carstens has said that central banks are wary about issuing digital currencies due to the "huge operational consequences."

Cryptocurrencies Pose Risks to Banks, Warns Basel Committee

The Basel Committee on Banking Supervision has warned that the growth of cryptocurrencies poses a number of risks to banks.
The top economist at the “central bankers’ central bank” on the changing nature of recessions

The top economist at the “central bankers’ central bank” on the changing nature of recessions

The Bank for International Settlements' (BIS) research increasingly challenges monetary policy orthodoxy.
Recessions have changed. Our tools for fixing them haven’t

Recessions have changed. Our tools for fixing them haven’t

The nature of recessions has changed, but the tools for fighting them have not.

BIS Chief Slams Bitcoin As Ponzi Scheme and Threat to Central Banks

The head of the Bank for International Settlements has blasted bitcoin as "a bubble," "a Ponzi scheme" and an "environmental disaster."
Reports of Globalization’s Death Are Greatly Exaggerated

Reports of Globalization’s Death Are Greatly Exaggerated

According to the central bank for the world's central banks.