Where finance and media interesects with reality.

Better collateral pre-positioning regime could have saved Credit Suisse (POLITICO)

By Izabella Kaminska · (First published on Politico Pro, Apr 25, 2024) Banks need to pre-position as much collateral as possible at the central bank to avoid regulators being caught out by illiquid and unacceptable assets, such as yachts or ships, former Bank of England deputy governor Paul Tucker told a high level central banking […]