The ECB has conducted the Asset Quality Review (AQR), aiming to enhance the transparency of bank exposures, including the adequacy of asset and collateral valuation and related provisions; and a stress test, which seeks to examine the resilience of banks’ balance sheets to stress scenarios, performed in cooperation with the European Banking Authority (EBA). About […]
SNL Financial, the US headquartered provider of business data, has published figures suggesting that Italy’s banking sector faces a significant shortfall in its capitalisation of between €25bn to €70bn for those banks being reviewed by the ECB as part of the region’s ongoing stress testing activities. Based on data from the ECB, SNL said that […]
Finanstilsynet, the Danish FSA, has said that local banks remain strong after the European Banking Authority published the final results of its EU-wide capital exercise.
The European Banking Authority (EBA) has published the results of its Qantitative Impact Survey (QIS), which analysts at Natixis said pointed to further trouble ahead for so-called Group 2 banks, where capitalisation levels have actually deteriorated, according to the data.
Fund managers buying distressed European assets tell David Walker why the gloomy business climate is a good environment for their investments.
European banks saw their risk weighted assets leap at the turn of the year, as new trading book rules collided with the European Banking Authority’s call to achieve a 9% capital minimum.
European regulators are still unsure to what extent swaps counterparties should be required to provide and collect initial margin on uncleared derivatives trades, and are considering three potential options.
“We do not run away”. Bankers and regulators at an investment conference in Vienna dispel fears of disorderly deleveraging.
Banca Monte dei Paschi di Siena, one of Italy’s biggest and oldest banking groups, has appointed Fabrizio Viola, former chief executive of Banca Popolare dell’ Emilia-Romagna, as its new chief executive.
UniCredit has seen its shares suspended for the second time after they plunged almost 10% as it unveiled the price of a €7.5bn (£6.3bn) rights issue.
The headlines proclaim that EU treaty change talks have failed. We were told that so much was riding on this, and yet the response from markets this today has been something of a shrug, or even a sigh of relief. Why?
UniCredit, Italy’s largest lender and parent of asset manager Pioneer Investments, must find €8bn to shore up its balance sheet, according to figures released yesterday by the European Banking Authority.