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  • Dutch lenders may account for 35% of the overall Basel III capital shortfall for European banks, even though they make up less than 10% of the region's total exposures and own funds, according to analysts at Rabobank.
  • Three bankers' jobs are understood to be at risk at Rabobank in London, including one experienced loans banker.
  • The European Banking Authority (EBA) has published a template that banks can use to document non-performing loans as part of its action plan to tackle the problem in Europe. However, sources say that Southern European banks will need more than just a market standard.
  • The Single Supervisory Mechanism (SSM), the European Union’s system of banking supervision, has laid out its priorities and risks for banks over the coming year. There was a particular focus on Brexit and stress testing.
  • Senior bonds subordinated to other senior liabilities will no longer be eligible as collateral when financial institutions borrow from the European Central Bank (ECB), the organisation has announced.
  • FIG
    Société Générale has set a goal of raising €100bn of financing for clean energy transition between 2016 and 2020.