JPMorgan Chase & Co. (JPM), Deutsche Bank AG, UBS AG (UBSN) and Depfa Bank Plc won a bid to overturn a conviction for overseeing fraud by their bankers in the sale of derivatives to the city of Milan. . .

http://www.bloomberg.com/news/2014-03-07/jpmorgan-ubs-convictions-overturned-in-milan-swaps-case.html

Standard Chartered Plc (STAN) Chief Executive Officer Peter Sands cut bonuses and indicated that capital levels can weather writedowns after the bank’s first annual profit drop in a decade. . .

http://www.bloomberg.com/news/2014-03-05/standard-chartered-profit-falls-first-time-in-decade-on-korea.html

Members of parliament will grill the Bank of England governor, Mark Carney,  on Tuesday about his plans to modernise governance at the central bank in light of the escalating foreign exchange scandal. . .

http://www.theguardian.com/business/2014/mar/09/mark-carney-parliament-treasury-bank-forex

Interbank contagion has become a buzzword in the aftermath of the financial crisis that led to a series of shocks to the interbank market and to periods of pronounced market disruptions. . .

http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1646.pdf

This paper presents evidence that banks react to regulation in a forward-looking manner. A case study documents a reaction to Basel II as early as 2000, in other words about seven years prior to the implementation of the regulation in 2007. . .

http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1645.pdf

We implement a two-step approach to construct a financing conditions index (FCI) for the euro area and its four larger member states (Germany, France, Italy and Spain). . .

http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1644.pdf

This report – prepared by a Study Group chaired by Andrew Khoo (Monetary Authority of Singapore) – develops a central bank perspective on the regional integration of EME banking systems and financial markets, assesses the drivers of these developments, and draws broad conclusions for policymakers. The findings are based on data from the BIS international banking statistics (IBS) and various other public sources, interviews with the private sector, inputs from central banks from non-CGFS jurisdictions, as well as reviews of the existing academic literature and case studies from select CGFS member jurisdictions. . . .

http://www.bis.org/publ/cgfs51.htm

The Basel Committee today published the results of its Basel III monitoring exercise. The study is based on the rigorous reporting processes set up by the Committee to periodically review the implications of the Basel III standards for financial markets. The results of previous exercises in this series were published in  September 2013, March 2013,  September 2012 and  April 2012. . .

http://www.bis.org/press/p140306.htm

U.K. Chancellor of the Exchequer George Osborne said the nation is in “active” discussions with China to establish a yuan-clearing bank in London and this should be done in “fairly short order.” . . .

http://www.bloomberg.com/news/2014-02-23/osborne-says-london-yuan-clearing-bank-to-be-set-up-shortly.html

Bank of England Governor Mark Carney said a new phase of forward guidance is intended to give assurance that officials will support the economic rebound. . .

http://www.bloomberg.com/news/2014-02-23/carney-says-bank-of-england-won-t-take-risks-with-u-k-recovery.html