Fear of cybercrime has overtaken the eurozone crisis and economic malaise as the most pressing issue facing the UK's top banks, a senior Bank of England official says.
The Financial Services Authority (FSA) and the Bank of England have published the results of their review (the Review) into barriers to new entrants to the banking sector.
LCH.Clearnet suffered a serious IT failure on 31 December, affecting payment processing and hindering the clearing house's contingency plans, according to the Bank of England.
Incoming Bank of England governor Mark Carney has hinted that he could bring Canadian-style plastic cash with him.
The Bank is today publishing a document setting out its proposed approach to the supervision of central counterparties and securities settlement systems.
The Bank of England examines evidence from the UK equity market of high-frequency trading behaviour and its impact on market quality
Senior Bank of England executive Andy Haldane has backed calls for the creation of a shared database for the storage of customer account details, arguing that the move would help boost competition in financial services.
A senior Bank of England executive has called for a rethink of the Basel Capital Accord, suggesting instead that regulatory bodies rip up the rule-books and adopt a simpler judgement-based supervisory approach.
As disaster recovery plans go, it's certainly novel: The Bank of England allegedly contemplated buying up to half-a-dozen bicycles so that its officials could navigate around a riot-gripped City in the event of a full-scale financial meltdown.
A Bank of England paper exploring the likely impact of central clearing on OTC derivatives markets.
© Finextra Research 2013