EBF MORNING BRIEF Thursday 15 May 2025 Good morning. Here are the top news stories and events in European banking, financial regulation and EU policy, brought to you by the European Banking Federation.
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FROM THE MEDIA Bloomberg: Credit Suisse Bankers Shouldn’t Have Been Stripped of Bonuses, Court Says A Swiss court has ruled that a dozen former Credit Suisse bankers were unlawfully denied their bonuses following UBS's emergency takeover of the bank in March 2023, reports Bloomberg. Read more
Politico: Global trade rules must evolve to tackle persistent imbalances, says Bank of England boss
BoE Governor Andrew Bailey has called for WTO reform and greater macroeconomic vigilance, acknowledging that US tariffs may have highlighted flaws in global trade governance, writes Politico. Read more
The Banker: Bank of London investigated by UK regulator as losses deepen
The Bank of London is under investigation by the UK’s Prudential Regulation Authority over historical matters, as it posts £12mn in losses and faces scrutiny over governance and delayed filings, reports The Banker. Read more |
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EVENTS Thursday 15 May Bundesbank symposium – event MEP Rasmus Andresen at European Parliament ‘Beyond Compliance I AML implementation across non-financial businesses and professions’ event ECB and Eurosystem templates on international reserves and foreign currency liquidity ( Apr 2025) – data release
Friday 16 May
ECB: Securities issues statistics (Apr-2025) – data release |
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FROM THE EBF
New EBF Vacancy! Work with us!
Visit our Vacancies page to learn more about the opening. Read more |
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FROM EBF MEMBERS Finance Denmark: Falling Interest Rates Lead More Danes to Seek Offers for Mortgage Refinancing Finance Denmark reports that declining interest rates have driven renewed interest among homeowners in renegotiating their mortgage terms. Read more (DA).
Luxembourg Bankers' Association: ABBL Scholarship – A Strategic Commitment to Academic and Leadership Excellence
ABBL announces its new scholarship programme, aiming to foster academic achievement and leadership development in Luxembourg’s financial sector. Read more.
Finance Latvia: Citadele Survey – Baltic Residents Most Concerned About Rising Prices and Geopolitical Tensions
A Citadele Bank survey shows that inflation and regional instability are the top financial concerns among Baltic populations. Read more (LV).
UK Finance: A2A Payments in the UK – Why Consumer Adoption Lags and How to Fix It
UK Finance analyses why adoption of account-to-account (A2A) payments remains low in the UK and what steps can improve uptake. Read more. |
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FROM THE INSTITUTIONS European Central Bank: From purchases to exit – central bank interventions in corporate debt markets A new ECB working paper examines how ECB interventions during the March 2020 market freeze replaced money market fund financing, enabling firms to issue cheaper, longer-maturity debt. After the ECB’s exit, more-exposed firms faced higher yields and diminished investor interest. Read more |
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ABOUT THE EUROPEAN BANKING FEDERATION
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The federation is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere. Website: www.ebf.eu |
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This newsletter is published by the EBF Mediacentre.
For questions or suggestions contact r.hrelja@ebf.eu European Banking Federation Avenue des Arts 56, B-1000 Brussels, Belgium
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