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06 October 2023

Basel Committee publishes report on 2023 banking turmoil, agrees to consult on climate and cryptoasset disclosures, and approves annual G-SI

Risks and vulnerabilities to the global banking system

The Committee discussed the outlook for the global banking system in the light of recent economic and financial market developments. While higher rates can support banks' net interest margins and related income, they can also expose...

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