EBF MORNING BRIEF Tuesday 22 April 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. Recommend the EBF newsletters to a colleague. Click here to sign up! |
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FROM THE MEDIA The Banker: Santander overtakes UBS as continental Europe’s most valuable bank; MPS faces critical vote on €13.3bn Mediobanca bid Santander has surpassed UBS in market value amid tariff-driven volatility, while MPS faces a pivotal shareholder vote to advance its takeover of Mediobanca, reports The Banker. Read more Bloomberg: ECB prepares to cut rates for the seventh time The European Central Bank lowered its deposit rate by 25 basis points to 2.25%, continuing its easing cycle as inflation moderates and global uncertainty persists, writes Bloomberg. Read more Financial Times: OpenAI and SoftBank weigh UK investment for Stargate AI project OpenAI and SoftBank are considering the UK for a future phase of their $500bn Stargate data centre project, spurred by government efforts to boost AI infrastructure, reports the Financial Times. Read more |
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MAIN EVENTS PIIE ‘Europe’s moment: Building bridges to shared prosperity’ event ECB: EDP general government deficit/debt, Spring notification (Eurostat) (2024) – data release |
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FROM THE EBF EBF Hosts Fifth Edition of Data Protection Officers Forum The EBF successfully hosted the fifth edition of its Data Protection Officers Forum (DPO Forum) on 8 April 2025 in Brussels. The event brought together over 70 Data Protection Officers from 16 countries across Europe, alongside representatives from the Data Protection Authorities (DPAs), the European Data Protection Board (EDPB), and the European Commission. Read more New EBF Vacancies! Work with us! Visit our Vacancies page to learn more about the opening. Read more |
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FROM EBF MEMBERS Czech Banking Association: Economic Associations & CBA – Part 4: The U.S.-China Trade War CBA continues its analysis of global economic dynamics with a focus on the impact of the ongoing trade tensions between the U.S. and China. Read more (CZ). Association of German Banks: Online Banking – Safe With PIN and TAN BdB offers guidance to consumers on how to safely use PIN and TAN methods when accessing their online banking services. Read more (DE). Finance Latvia: Survey – Nearly One in Five Latvians Experience Emotional Stress After Fraud Encounters Finance Latvia reveals that 18% of Latvians feel emotional stress after contact with fraud, highlighting the growing psychological impact of scams. Read more (LV). Italian Banking Association: ABI Guidelines 165 ABI releases its updated "Orientamenti ABI 165", offering banks guidance on market conduct and transparency. Read more (IT). |
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FROM THE INSTITUTIONS Bank for International Settlements: ETFs as a disciplinary device A BIS working paper finds that the short-selling feature of actively managed ETFs helps penalise underperforming fund managers, enhancing efficiency in the asset management industry. 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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