Category «Financial System»

BIS – Global systemically important banks

Global systemically important banks: information regarding the end-2012 exercise published by the Basel Committee, 11 November 2013  ‘In conjunction with the publication by the Financial Stability Board (FSB) of the updated list of global systemically important banks (G-SIBs), the Basel Committee on Banking Supervision has today published additional information regarding the G-SIB methodology. In accordance with the timeline set out in …

Subjects: Economy, Financial System, Government Documents

2013 Change Readiness Index

“KPMG, in collaboration with Oxford Economics, developed the Change Readiness Index (CRI) – an index, which assesses the ability of 90 countries (developed and developing) to manage change and cultivate the resulting opportunity. Click on a country to view the in-depth country profile including specific strengths and opportunities, country, region and income level comparisons, and …

Subjects: Economy, Financial System, Government Documents, Knowledge Management

OTC derivatives market activity in the first half of 2013

“The latest BIS statistics on OTC derivatives markets combine the results of the semiannual survey of derivatives dealers in 13 jurisdictions and the Triennial Central Bank Survey of dealers in an additional 34 jurisdictions. They show that notional amounts outstanding totalled $693 trillion at end-June 2013. Of this total, $668 trillion was reported by dealers that …

Subjects: Economy, Financial System, Government Documents

Amount of Savings Needed for Health Expenses for People Eligible for Medicare and IRA Asset Allocation, 2011

Amount of Savings Needed for Health Expenses for People Eligible for Medicare: More Rare Good News, and “IRA Asset Allocation, 2011 – October 2013, Vol. 34, No. 10. Employee Benefit Research Institute, 2013 “In 2010, Medicare covered 62 percent of the cost of health care services for Medicare beneficiaries age 65 and older, while out-of-pocket spending …

Subjects: Economy, Financial System, Government Documents, Health Care

October payroll employment increases; unemployment rate changes little

News release: “Total nonfarm payroll employment rose by 204,000 in October, and the unemployment rate was little changed at 7.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in leisure and hospitality, retail trade, professional and technical services, manufacturing, and health care. Household Survey Data Both the number of unemployed persons, at …

Subjects: Economy, Financial System, Government Documents

Supplemental Measure of Poverty Remains Unchanged

Census news release: “The nation’s poverty rate was 16.0 percent in 2012, unchanged from 2011, according to the supplemental poverty measure released today by the U.S. Census Bureau. The 2012 rate was higher than the official measure of 15.0 percent. The official poverty rate in 2012 was also not significantly different from the corresponding rate …

Subjects: Economy, Financial System, Government Documents

News – First Global Census Shows Record of 2,170 Billionaires Worldwide

News release: “The inaugural Wealth-X and UBS Billionaire Census 2013, released today, reveals that the global billionaire population reached a record 2,170 individuals in 2013 and total billionaire wealth in Asia surged nearly 13 percent, making it the fastest-growing region. At current growth rates, the Wealth-X and UBS Billionaire Census 2013, the first-ever comprehensive global …

Subjects: Economy, Financial System

Social Security Administration – Wage Statistics for 2012

“The national average wage index (AWI) is based on compensation (wages, tips, and the like) subject to Federal income taxes, as reported by employers on Forms W-2. Beginning with the AWI for 1991, compensation includes contributions to deferred compensation plans, but excludes certain distributions from plans where the distributions are included in the reported compensation subject to …

Subjects: Economy, Financial System, Government Documents

Effects of Policy Guidance on Perceptions of Fed’s Reaction Function

Federal Reserve Bank of New York Staff Reports – The Effects of Policy Guidance on Perceptions of the Fed’s Reaction Function. Katherine Femia, Steven Friedman, Brian Sack. Staff Report No. 652. November 2013. “In the past few years, the Federal Open Market Committee (FOMC) has been using forward guidance about the federal funds rate in …

Subjects: Economy, Financial System, Government Documents