Report concludes that technological developments and social media could accelerate future bank runs, with implications for liquidity risk management practices and supervision.
Resolution and Crisis Management
23 October 2024
23 October 2024
Report presents an assessment of the types of entities most vulnerable to higher interest rates and examines the role of social media, technology and interest rates in the 2023 bank runs.
22 October 2024
Good morning everyone. It could have been right here in New York City. That would have been fitting, as this city was, and still is, the center of gravity for global finance. But, as it happened, the US administration made a last-minute decision to pick Pittsburgh as the venue for the G20 summit. We are […]
16 October 2024
Press enquiries: +41 61 280 [email protected] Ref: 20/2024 The Financial Stability Board (FSB) Regional Consultative Group for Asia (RCG Asia) met today in Hong Kong SAR. Members exchanged insights from a workshop on 15 October, co-organised with the International Organization of Securities Commissions Asia Pacific Regional Committee (IOSCO APRC), on the financial stability implications of […]