Bloomberg Negative interest-rate policies currently in use by central banks around the world have worked through their respective systems in much the same way as positive rates, though it’s not known how far below zero that would continue to be the case, the Bank for International Settlements (BIS) said. In its quarterly report published on Sunday, the Basel-based “central bank …

BLOOMBERG Banks that finance their operations abroad with wholesale, cross-border or cross-currency funding are amplifying credit crunches, while those relying on local deposits remain a more stable provider of loans, economists at the Bank for International Settlements (BIS) said. Those banks whose foreign subsidiaries lent money raised from local savers and companies shrank their balance sheets less than those relying …

Bloomberg Wall Street giants such as JPMorgan Chase & Co., Goldman Sachs Group Inc. and Citigroup Inc. would face new limits on credit exposure to other large financial firms under a Federal Reserve plan aimed at ensuring banks won’t take others with them if they fail. The proposal, which would limit such exposures to 15 percent of a lender’s Tier …