EBF MORNING BRIEF Tuesday 16 July 2024 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 Bloomberg: ECB is set to delay findings of leveraged loans probe after backlash from banks According to Bloomberg, the European Central Bank (ECB) is set to delay the outcome of a large-scale investigation into high-risk loans, a tacit admission that it sees complaints from several banks about the probe as merited. Read more FT: French fiscal doubts strengthen ECB reluctance to repeat rate cut signal European Central Bank (ECB) policymakers worry that rising government spending in countries such as France could halt the fall in inflation, bolstering their resolve to avoid overpromising more interest rate cuts, the Financial Times (FT) reports. Read more Reuters: European stocks are seeing outsized moves as hedge funds drive trading European companies are seeing outsized gains and losses in their shares when they report earnings, a Reuters analysis shows, a trend that has more to do with the growing sway of fast money in the $15 trillion market than with business prospects. Read more |
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FROM EBF MEMBERS ABI: Monthly Report – July 2024 The Italian Banking Association (ABI) has published its Monthly Report (July 2024). Since October 2023, there have been signs of a decrease in market rates, anticipating the ECB decision. In recent weeks, this downward trend has stabilized. Read more (IT) Finance Latvia: Which mistakes should be avoided when buying a car? When planning to buy a car, many cannot do without a financial loan. However, before concluding any loan agreement, anyone should remember to carefully study and evaluate all financial benefits and conditions. Read more (LV) Finance Denmark: Young people in their 20s want to live in big cities Four out of ten young people between the ages of 18 and 24 would like to live in big cities, but city life gradually becomes less of a priority as young people approach their 30s. This is shown by a new analysis from Finance Denmark. Read more (DK) |
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FROM THE INSTITUTIONS ECB: Survey on the Access to Finance of Enterprises in the euro area This European Central Bank (ECB) report presents the main results of the 31st round of the Survey on the Access to Finance of Enterprises (SAFE) in the euro area, which was conducted between 28 May and 20 June 2024. Read more EBA: EU stacking orders and insight into EU institutions’ management buffers The European Banking Authority (EBA) published a Report on the stacking orders of capital, leverage and MREL/TLAC requirements and related capital buffers, as well as on reflections about management buffers practices in the European Union (EU). Read more ESMA: 2023 data on cross-border investment activity of firms The European Securities and Markets Authority (ESMA) together with the National Competent Authorities (NCAs), completed an analysis of the cross-border provision of investment services during 2023. Read more |
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FROM THE EBF New EBF Vacancies! Work with us! Visit our Vacancies page to learn more about the opening positions at the EBF. 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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