TOPIX Index

Index

TPX

JP9010100007

Delayed Japan Exchange 01:57:47 05/07/2024 BST			5-day change	1st Jan Change
2,889 ^PTS	-0.32%		+2.88%	+22.15%

07-04	Correction: Murata Manufacturing Repurchase 20 Billion Yen Worth of Shares in June	MT
07-04	Murata Manufacturing Repurchase 20 Billion Yen Worth of Shares in June	MT

Global watchdog to set out findings in October on how social media can fuel bank runs

January 22, 2024 at 02:59 pm

LONDON, Jan 22 (Reuters) - Global financial regulators will present the G20 in October their findings from a "deep dive" on how social media can speed up bank deposit outflows and changes to liquidity rules are needed, the Financial Stability Board (FSB) said on Monday.

Posts on social media helped to speed up outflows from Silicon Valley Bank, one of several U.S. lenders that failed last year.

"We are in favour of boosting the resilience of the financial system and liquidity buffers are one of the core options," FSB Secretary General John Schindler told a media briefing.

(Reporting by Huw Jones; Editing by Alison Williams)

Latest news about TOPIX Index

Correction: Murata Manufacturing Repurchase 20 Billion Yen Worth of Shares in June	07-04	MT
Murata Manufacturing Repurchase 20 Billion Yen Worth of Shares in June	07-04	MT
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