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Platform claims it can make documenting bonds much faster
Gunner From to pursue 'dreams' outside of finance
New changes will allow for 'more intuitive' analysis and increase maximum covered bond rating uplift
Comments from regulators welcomed by ECBC head
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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.
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Three bankers' jobs are understood to be at risk at Rabobank in London, including one experienced loans banker.
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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.
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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.
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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.
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Société Générale has set a goal of raising €100bn of financing for clean energy transition between 2016 and 2020.