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Latest News
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‘Premature’ to criticise Basel buffer flexibility, says ECB
The European Central Bank said on Thursday that it was too soon to tell whether banks were willing to use the flexibility embedded in the Basel capital buffer framework, because the credit impact of the coronavirus pandemic is yet to become clear.
01.15 PM -
Commission calls for input into Banking Union review
The European Commission has this week invited stakeholders to contribute to a review of the EU’s crisis management framework. It is hoping to be able to fix a number of issues relating to the Banking Union, with a particular focus on reaching agreement on a common system of deposit insurance (EDIS).
27 Jan 2021 -
ECM surge helps UBS as market awaits Hamers update
UBS, the first major European investment bank to report fourth quarter results, smashed through expectations in global banking, with that part of its business benefitting from equity capital markets revenue more than doubling year-on-year.
26 Jan 2021 -
EC pledges to ‘move faster’ on resolution reforms in drive for Banking Union
The European Commission is looking to fast-stream work on reforming the EU’s crisis management framework this year, given the lack of political consensus on other issues relating to the Banking Union.
22 Jan 2021 -
ECA invites EU legislators to address ‘shortcomings’ in bank crisis rules
The European Court of Auditors published an assessment of the EU’s crisis management framework this week. It urged policymakers to align national insolvency procedures with bloc-wide resolution rules, as a way of making sure that banks are treated consistently when they fall into financial difficulty.
15 Jan 2021 -
Bank balance sheets could be obscured, says Coen
The impact of coronavirus on economies has led to extraordinary help being granted to banks and their customers. But this brings the risk of problems on banks' balance sheets being hidden, according to William Coen, former secretary general of the Basel Committee on Banking Supervision.
14 Jan 2021 -
Shareholders hit HSBC with fossil fuel motion
Shareholders in HSBC have filed a motion calling on it to live up to its reputation for sustainable finance by setting targets to reduce fossil fuel financing — an area where investors argue HSBC lags behind some of its rivals.
10 Jan 2021 -
HSBC's Asia ambitions remain after Enns leaves
HSBC’s aims to boost market share in investment banking and rebalance towards Asia remain intact despite the resignation of one of its most senior lieutenants. But 2021 must be about execution, writes David Rothnie.
07 Jan 2021 -
Bolder central bank policies will be pitched as the cure to economic long Covid
Cancelling debt, dual interest rates, helicopter money: if the recovery from the coronavirus crisis stalls in the developed world, we will see calls for more radical central bank action.
05 Jan 2021 -
Green bankers confident of Taxonomy U-turn
Sustainable finance specialists are optimistic that the European Commission will make a last minute concession on its proposed rules for green buildings when it publishes its final and binding Taxonomy of Sustainable Economic Activities, expected later this month.
04 Jan 2021
