The longstanding participants of the lending market in Europe have traditionally been banks. More recently however, this position has been challenged by increasing regulatory pressures (capital, leverage and liquidity requirements). Deleveraging of balance sheets, retrenchment, retention of earnings and raising their regulatory capital base have so far been some ways banks have tried to navigate […]
The European Banking Authority (EBA) will relocate from London to Paris after the EU 27 foreign ministers voted in Brussels for the French capital at the expense of Dublin as EBA’s new hub on 20 November 2017. The decision to relocate the EBA comes after that of the United Kingdom to withdraw from the European Union. […]
Following publication of the European Banking Authority (EBA) stress test results in July 2016, the German Centre for European Economic Research, ZEW, has published an alternative test of the banks in question, concluding that capital shortfalls are significantly larger than suggested. The research, jointly conducted by Viral Acharya, Diane Pierret and Sascha Steffen, flagged up inconsistencies in the EBA’s methodology, with the 2016 criteria being less […]
The European Banking Authority (EBA) has revealed the results of the 2016 stress test, conducted among 51 banks located in the EU and the European Economic Area, concluding that the banking sector had significantly shored up its capital base. The test was the first major health check on the European banking sector in two years, […]
The European Central Bank’s (ECB) Governing Council met yesterday, marking the first of a series of high profile meetings scheduled over the next few days (the Federal Open Market Committee (FOMC) meeting on July 27th, the Bank of Japan (BoJ) meeting on July 29th, Bank of England (BoE) on August 4th), which have become a strong […]
Italy’s Banca Monte dei Paschi di Siena failed to meet capital targets set by the European Banking Authority, to plug a capital shortfall by the end of June.
People who expected European banks to offload asset management arms to meet mandated 9% tier one capital ratios by mid-2012 may be disappointed, as Credit Suisse analysts barely named such an action as likely among nine banks they highlighted in a report yesterday.
Troubled Spanish regional institution, Banco de Valencia, will need an injection of capital if it cannot raise sufficient funds to meet regulatory capital requirements.
Spanish banks will benefit from new capital requirements set by the European Banking Authority, said ECB executive board member Jose Manuel Gonzalez-Paramo.
UK newspapers report veteran investor George Soros has attacked the lack of leadership at the top of the eurozone and warned the new rescue deal to solve the debt crisis will only last between “one day and three months”.
Banco Santander, the eurozone’s biggest bank, said a significant charge for mis-selling payment protection insurance(PPI) hit profits in Q3, but its capital cushion would lift it out of danger territory.
Strong Swedish banks may be unfairly penalised because of the way the Core Tier 1 capitalisation ratio of 9% is to be calculated following the agreement overnight by Europe’s politicians.