Member Views

Bigger Financial Cushions Won’t Solve Banks’ Woes

"US regulators want to boost capital requirements for the biggest banks by nearly 20%," writes BWC chair William Dudley in Bloomberg Opinion.

"No doubt, capital is a key element of resilience. But there are better ways to strengthen the financial system."

US Treasury’s IMF Worldview:  Multilateralism, More Macroeconomics, Domestic Realities

19th St. and the rest of the world may not be fully pleased*

Xi Jinping Is Done With the Established World Order

BWC member and Atlantic Council "economist Hung Tran argued in a recent report, China aims to 'turn the BRICS group into a support organization for China’s geopolitical agenda' and a 'venue for anti-US political activism.'"

The G20 Lives On, But Mistrust Between the West and China Hampers Progress

BWC Climate and Energy Transition Finance Project Team co-lead Creon Butler says "Russia’s attack on Ukraine is critically important" especially in the G20 context but "the compromise enabled agreement on other pressing issues after none of the preceding ministerial meetings had..."

Spyridon Bisisidis

Lastly this week we welcome new member Spyridon Bisisidis, partner at Deloitte Greece.

Spyridon is responsible for developing and delivering risk management solutions in the Greek banking sector.

We appreciate his support, and we look forward to his engagement!

Crypto.com

This week we also welcome new member Crypto.com

They are one of the leading cryptocurrency platforms, used by more than 80 million people worldwide.

We appreciate their support for our work and mission, and we look forward to their engagement!

Thomas Foley

This week we welcome new member Thomas Foley, director and senior counsel at TD Securities USA.

Thomas's practice focuses on global financial services.

We appreciate his support for our work and look forward to his engagement!

Xi's No-Show at the G20 is Another Sign of Deepening Divisions Around the World

BWC member Hung Tran in CBC:

"There would be serious implications if the G20 ceased to function..."

"'There is really no substitute... at that leaders' level that brings everybody together. And that's why the G20 came into being... it fills a void.'"

US Calls for IMF Quota Reform to Support Vulnerable Nations

BWC member Hung Tran in Bloomberg:

"The move underscores US efforts to use the Washington-based institutions to counter China’s influence..."

“'This is... effort by the Biden administration to get traction, influence and friends in the Global South...'”

Decarbonizing Energy — with Speed, Wisdom and Balance

The following blog post is in reference to the piece, "The Elephant in the Room; Preaching or Working on Climate Change" by Miguel Schloss published in the Global Journal of Science Frontier Research.