About this issue
The BIS Quarterly Review is divided into two parts. The first presents an overview of recent developments in financial markets, before turning in more detail to highlights from the latest BIS data on international banking and financial activity. The second part presents five special feature articles: the first on evidence of carry trade activity; another on the covered bond market; a third on global and regional financial integration in emerging markets; a fourth on securitisation in Latin America; and a fifth on corporate financial restructuring in Asia.
International banking and financial market developments
Special features
Recent initiatives
The views expressed here do not necessarily reflect the views of the BIS member central banks.