EBF MORNING BRIEF Wednesday 15 January 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
Reuters: Central Europe's banks can withstand car sector turmoil
Turmoil in Europe's car sector could hit the central European economy and hurt banks' asset quality, S&P Global said on Tuesday. Read more
S&P: Sweden's top banks face 2024 earnings decline as rate cuts hit
"The Nordics are one of the most rate-sensitive regions in Europe and in Sweden, the Riksbank is currently one of the most dovish central banks," UBS Global Research analysts said. Read more
Financial Times: Bond vigilantes have the UK in their sights According to FT, rising bond yields highlight investor concerns over the UK's fiscal health, pressing the government to deliver clear strategies for growth and cost-cutting. Read more |
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MAIN EVENTS -
Deutsche Bundesbank: Gloomy prospects? – How are the economy and prices developing in Germany? Forum Bundesbank -
Council Working Party on Competitiveness and Growth – Internal Market -
ECB: ECB and Eurosystem templates on international reserves and foreign currency liquidity (Dec. 2024) -
European Banking Authority ‘Public hearing on Regulatory Technical Standards on the conditions for assessing the materiality of extensions and changes of internal approaches for credit, market and operational risk' -
European Cybersecurity Organisation ‘Building Resilience with Cyber Threat Intelligence: Key Insights & Practical Application’ event
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FROM EBF MEMBERS Spanish Banking Association: The AEB Foundation Launches the First Edition of its ‘Alcanza’ Awards The AEB Foundation announced the ‘Alcanza’ Awards to support innovative projects in financial education and digital skills, with €10,000 per category. Read more (ES)
Polish Bank Association: What’s Next for Economic Education in Poland? The National Center for Economic Education is Established
Poland launched the National Center for Economic Education to promote financial literacy, continuing the 2024 Year of Economic Education initiatives. Read more (PL)
Hellenic Bank Association: Regulatory Topics: Operation and Supervision of Credit Institutions
An FSB report highlights the importance of transition plans for financial stability, focusing on managing climate-related risks and vulnerabilities. Read more (EL)
Febelfin: Bank employees never come to collect your bank card at home! The banking sector warns against fraudsters impersonating bank staff to collect bank cards and PINs from victims' homes, urging vigilance. Read more
Finance Norway: Businesses Drowning in Reporting Requirements and Bureaucracy A podcast at NHO Viken Oslo's conference discussed simplifying regulations to reduce bureaucracy and boost business competitiveness. Read more (NO) |
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FROM THE INSTITUTIONS
European Central Bank: The euro area outlook and monetary policy
Philip R. Lane, Member of the Executive Board of the ECB, provided an analysis of recent economic developments in the euro area. Read more
Bank for International Settlements Innovation Hub: Overview and Updates
The BIS Innovation Hub's 2025-26 work programme focuses on exploring AI tools for supervision and green finance, enhancing horizon scanning for technological trends, and deepening collaboration to support central banks in innovation and stability. Read more
Single Resolution Board: SRB decides no compensation due to Sberbank shareholders, finding that insolvency would have been more costly
The SRB concluded that no compensation is owed to Sberbank shareholders, as the resolution ensured better outcomes than normal insolvency proceedings would have provided. 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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