Banks
Western banks warn of risks in EU plan to grab Russian assets, sources say
Some western banks are lobbying against EU proposals to redistribute billions of euros in interest earned on frozen Russian assets, senior industry sources said,...
French bank SocGen to cut about 900 jobs at Paris head office
Societe Generale plans to cut about 900 jobs at its Paris headquarters through voluntary departures, France's third-biggest listed bank said on Monday, adding to...
ECB warns banks’ commercial real estate hits could worsen stress
European banks’ exposure to commercial real estate could erode financial stability if the economy is hit by a bigger shock, according to the European...
EU banks face liquidity checks next year after 2023 crises
European Union banks' plans for surviving a major crisis without having to tap central bank money will undergo intense scrutiny next year, the bloc's...
EU agrees deal on final leg of Basel bank capital rules
The European Union on Tuesday reached a deal to implement the final batch of tougher bank capital rules agreed internationally following the global financial...
Crucial EU-court ruling on Polish legacy loans is set for June
The European Union’s top court will rule next month in a much-anticipated case over Swiss-franc mortgages that threatens to increase legacy lending costs for...
Central banks signal end of bank turmoil with cut in dollar funding line
The world's top central banks are cutting the frequency of their dollar liquidity operations with the U.S. Federal Reserve from May, sending the clearest...
Germany’s Scholz calls for EU to complete banking integration
German Chancellor Olaf Scholz said the European Union needs to tighten the integration of its banking and finance sectors to bolster a transition to...
EU plans three-year extension to euro clearing in London
The European Union will extend permission for banks in the bloc to continue using clearing houses in London for a further three years from...
Romanian banks extend 32% more loans in Jan-Apr
The Romanian Association of Banks said that the volume of new loans granted by the Romanian banks in January-April increased to RON 34 bln...