After the huge collapse in income suffered at the beginning of the crisis, the earnings situation of the 12 large complex financial institutions has recovered in more recent years and has now stabilised at a moderate level. Earnings performance at the current end is somewhat modest.
The integrity and completeness of the information provided to the public must be guaranteed and internal controls must be reinforced. Staff incentives must be designed to prevent the risk of improper conduct. BIS Review 72/2004  1  3. Supervision  International cooperation between banking, insurance and financial market supervisory authorities is strengthening.