Bank of International Settlements
Before we discuss the much-publicized implications of the Bank of International Settlements’ Triennial Survey and the not-so-publicized quarterly report, here's a quick and basic overview of the role, functions, and historical aspects of the Bank of International Settlements (BIS) due to its profound importance to not only world banking and economic stability, but the markets in particular, both yesterday and today.
Established in 1930 as the world's banker, the BIS today is much more than the facilitator of gold and FX transactions for the 54 central banks that contributed to its 2007 report. It was originally established to repatriate German monies to the Allies after the war at the behest of the Bank of England, ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access