EBF MORNING BRIEF Wednesday 4 December 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! |
|
|
FROM THE MEDIA Politico: Can France rely on the ECB if its bonds blow up? The political turmoil in France has drawn speculation that Europe might be about to return to the bad old days of sovereign debt crises. Even the European Central Bank itself has admitted the possibility, writes Politico. Read more Bloomberg: French Lawmakers to Vote Wednesday on Toppling Government French lawmakers will hold a no-confidence vote Wednesday, with far-right leader Marine Le Pen expected to join forces with a left-wing coalition to topple the government, reports Bloomberg. Read more S&P Global: Italian banks navigate M&A landscape with strong Q3 results According to S&P Global, third-quarter net profit at the country's five largest banks rose on a yearly basis, giving them the firepower to pursue M&A as a way to grow in size and boost competitiveness. Read more |
|
MAIN EVENTS ECB: Euro area bank interest rate statistics (Oct 2024) CERRE event on Digital Challenges for Consumer Protection and Empowerment |
|
FROM EBF MEMBERS Association of German Banks: Position Paper Promoting Sustainability, Securing Growth Combating global warming and adjusting to the impact of climate change are among the fundamental challenges of our time. For the economy, this challenge is tantamount to a paradigm shift, as a production infrastructure built on fossil fuels will have to be fundamentally restructured within just a few decades. Read more Banking & Payments Federation Ireland (BPFI): BPFI Mortgage Approvals – October 2024 First-time buyer mortgage approvals reached their highest year-to-date levels on record in October 2024 – latest figures from BPFI. Read more Czech Banking Association (ČBA): Czechs plan to spend 12,500 crowns on Christmas, 2% are considering taking out a loan This year, Christmas will cost the average Czech household 12,500 crowns, which is 500 crowns more than last year. Despite this increase, Czechs are still saving compared to previous years. Read more (CZ) |
|
FROM THE INSTITUTIONS ECB: Greece, Ireland, Portugal and Cyprus: Crisis and Recovery At the height of the financial crisis Greece, Ireland, Portugal and Cyprus needed help. The international assistance came under the condition of economic adjustment aiming to restore financial stability, debt sustainability and growth. How did the four countries recover from their crises? Read more ESRB: Hearing at the European Parliament European Systemic Risk Board Chair Christine Lagarde is set to speak before the European Parliament’s Committee on Economic and Monetary Affairs and answer questions from its members. Watch live on 4 December from 16:30 CET. Read more SRB: Public consultation on the Operational guidance for banks on resolvability self-assessment The Single Resolution Board aims to consult the banking industry and relevant stakeholders on its Operational guidance for banks on resolvability self-assessment. Read more |
|
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 |
|
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 |
|
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 |
|
|
|