Conversely, it means that the weaker the supervision, the stronger 1/4  BIS central bankers' speeches  the banks. The truth is that strict supervision leads to strong banks. Institutions become more resilient when supervisors require them to hold adequate capital to cover their risks and insist on sufficient liquidity and better risk management. The US institutions received comprehensive state aid during the crisis.
While Italy continues to face political, economic, and financial risks, recent developments augur well for the resilience of the broader euro area. China’s first-quarter growth came in above 7 percent at an annual rate, although there appears to have been some moderation since then, and capital outflows slowed notably.