30 December 2018: Joining forces! Across Europe, across industries, across banks and fintechs, insurance companies and insuretechs - and across humans and humanoids.

02 March 2018: Figuring out what is going on in the present hardly anywhere seems to be more complicated than in economic forecasting, not to talk about medium-term or longer-term future. (inspired by: 1st Vienna Workshop on Economic Forecasting, February 2018, organized by Robert M. Kunst (University of Vienna and IHS) and Martin Wagner (Bank of Slovenia, IHS, and TU Dortmund), Summary)

20 January 2018: There is probably no doubt that we are facing a high degree of economic, financial, and political dependence in our world. So, who might truly believe he, or she, or single nations could nowadays effectively shield themselves from global and sectoral interconnectedness?     

                                                                       

  

 

                                                                                                                                                                                                                         

Basel II, Basel III, and Basel IV: Moving (straight) ahead. On 7 December 2017, the oversight body of the Basel Committee on Banking Supervision agreed upon the new set of regulatory rules for banks - dubbed by the industry as Basel IV, while categorised by the Basel Committee as the concluding part of Basel III, finalising post-crisis reforms. The cumulative impact assessment of the European Banking Authority can be found here, incl. a brief overview of the revisions (1.higher risk-sensitivity of standardised approaches for credit and CVA risk; 2.new standardised approach for operational risk; 3.different constraints on the use of internal models; 4.amended measurement of leverage exposure and a leverage ratio surcharge for global systemically important banks; 5.introduction of an aggregate output floor on internal model results at 72.5% of standardised approaches results).

3 November 2017: As we all know, stress testing keeps the financial world on the go. Here is our cartoonist´s view of the efforts made so far...                                                                                                                                                                               

21 August 2017: The massive drop in banks´ foreign claims since 2007 is mainly due to a retrenchment of European banks. Since 2008 most European banking systems have reduced their foreign claims, while non-European countries have expanded their international activities. (inspired by: BIS Working Paper No 650, June 2017)

30 June 2017: Amazon verlieh im letzten Jahr eine Milliarde Dollar an Anbieter auf seiner Plattform. Das sollte Banken in eine gewisse Unruhe versetzen, ihre Geschäftsmodelle für die Finanzierung von KMU und Handelsgeschäften zu überdenken. (inspired by: The Banker, June 20, 2017, Editor´s Blog)

21 June 2017: Wohin führt uns die Digitalisierung im Sinne internationaler Entwicklungen und Veränderungen der Wettbewerbsfähigkeit? Weitergedacht vermutlich auch zu mehr Autarkie in der Produktion.                                                                 

7 June 2017: Disruption heißt ein dieser Tage sehr beliebtes Schlagwort. Wie meist hat man wenig Ahnung, was am Ende dabei herauskommen wird.                                                                                                                                                                                                                                                                                                                                                                                   

30 November 2016: 1913 / Henry Ford startet in seinem Werk die Fließbandproduktion. 2016 / Audi plant die Ausrollung der Fertigung in Form von Montageinseln. Dabei bewegen Roboter und selbstfahrende Transporter die Komponenten und Zwischenprodukte zwischen ca. 200 Montageinseln hin und her, bedarfsabhängig und zentral gesteuert.

26 October 2016, Prognostizierter Rückgang des Eurozonen-Anteils am Welt-Bruttoinlandsprodukt: Von 18% im Jahr 2010 auf 13% in 2030 und 11% in 2060 (OECD Economic Outlook 2014). Und das ohne Berücksichtigung der aktuellen europäischen Desintegrationstendenzen.                   

23 September 2016, Zur Überlegung des deutschen Bundesfinanzministers, eine Bargeldzahlungsobergrenze von EUR 5.000 einzuführen - sowie in Erinnerung an den Beschluss des EZB-Rats vom heurigen Mai, die Ausgabe des 500-Euro-Scheins 2018 einzustellen.

18 August 2016, Anlässlich der Veröffentlichung des Global Innovation Index 2016
Reihung: 1. Schweiz, 2. Schweden, 3. UK, 4. USA, 5. Finnland, 6. Singapur, 7. Irland, 8. Dänemark, 9. Niederlande, 10. Deutschland, ... , 20. Österreich (Cornell University, INSEAD, World Intellectual Property Organization, 15.08.2016).

8 August 2016, Zum Thema EU Banken Stress Tests 2016.                                                                                                                                                                                                                                                                                                                         

28 July 2016, Das Treffen der G20-Finanzminister und Notenbankgouverneure vom 23. bis 24. Juli 2016 in Chengdu, China.