EBF MORNING BRIEF Thursday 3 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.
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FROM THE MEDIA Financial Times: Deutsche Bank’s asset manager fined €25mn over greenwashing scandal DWS has been fined €25mn by German prosecutors for overstating its ESG credentials, following a $19mn US settlement in 2023, reports the Financial Times. Read more
Politico: Europe thought it had a way past Trump’s tariffs. He didn’t care.
EU efforts to bypass Trump’s tariffs fell flat as he dismissed diplomatic and economic arguments, writes Politico. Read more
The Banker: UniCredit to launch Banco BPM tender period on April 28; Interest margins at China’s largest banks fall to record low
UniCredit will open its €14bn tender offer for Banco BPM on April 28. Separately, China’s top banks reported record low margins amid economic and policy pressures, reports The Banker. Read more |
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EVENTS Thursday 3 April Bank of England: Monthly Decision Maker Panel data (March 2025) – data release Bank of England: UK International Reserves (March 2025) – data release Council Working Party on Financial Services and the Banking Union (Banking Union) Friday 4 April Council Working Party on Financial Services and the Banking Union (Banking Union) ECB: Euro area households and non-financial corporations (Q4 2024) – data release |
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FROM THE EBF
New EBF Vacancies! Work with us!
Visit our Vacancies page to learn more about the opening. Read more
EBF response to European Commission consultation on Taxonomy Disclosures Delegated Act The European Banking Federation (EBF) has submitted its response to the European Commission’s consultation on the Taxonomy Disclosures Delegated Act. While welcoming the initial steps toward simplification, EBF highlights that substantial challenges for banks remain. Read more.
New EBF article! - Savings and Investments Union (SIU): A watershed moment?
In this article, our deputy CEO Sébastien de Brouwer poses a key question: Is Savings and Investments Union (SIU) the watershed moment Europe needs and deserves? Read more.
We celebrated the 11th edition of European Money Week last week
We brought together experts, policymakers, and educators for key discussions on advancing financial education across Europe. This year’s theme "From Financial Literacy to European Legacy: Building Financially Resilient Generations" underscored the vital role of financial literacy in ensuring a stronger financial future for all, particularly in times of economic uncertainty. Read more
EBF Press Release - Savings and Investments Union: The Path to Strengthening Europe’s Financial Future
The EBF welcomes the Communication on the Savings and Investments Union (SIU) by the European Commission on the 19th of March, a key step toward fostering sustainable and inclusive economic growth, competitiveness, and boosting vital financing for defence. By deepening capital markets and improving access to finance, the SIU can help ensure that European citizens, businesses, and households benefit from a stronger, more dynamic financial ecosystem. Read more. |
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FROM EBF MEMBERS UK Finance: £1 Trillion Worth of UK Card Transactions in 2024 UK Finance reports that card transactions in the UK reached a record £1 trillion in 2024, driven by growing use of contactless and mobile payments. Read more.
Lithuanian Banking Association: Baltic Conference in Vilnius Focuses on Data Protection in the Digital Banking Era
LBA hosted a Baltic-wide conference in Vilnius, bringing together stakeholders to discuss data protection challenges and solutions in digital banking. Read more (LT).
Febelfin: Working Together for More Security, Resilience and a Sustainable Future
Febelfin calls for closer cooperation between banks and public institutions to strengthen cybersecurity, crisis resilience and green transition. Read more (FR).
Finance Denmark: Consultation Response – Implementing a New Financing Model for Private Care Homes
Finance Denmark supports the introduction of a revised financing scheme for private elderly care homes, with suggestions for clearer financial planning. Read more (DA). |
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FROM THE INSTITUTIONS
European Securities and Markets Authority: ESMA publishes annual peer review on EU CCP supervision
ESMA’s annual peer review assesses how national authorities supervise EU central counterparties, with a focus on liquidity stress testing and collateral management practices. Read more
European Central Bank: Euro area bank interest rate statistics – February 2025
Borrowing costs for euro area firms decreased to 4.10%, while household mortgage rates rose to 3.33%. Deposit rates fell across the board. 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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