European insurers and pension funds would likely be hit harder than banks by fallout from losses in the private credit industry, the European Central Bank said after simulating a “severe” shock to the market.

The European Securities and Markets Authority has drawn up a shortlist of six candidates to lead the watchdog that’s set to be handed beefed-up powers.

Germany’s top financial regulator will step up pressure on insurers to address shortcomings in private credit investments and issued a warning on an asset class increasingly marketed to retail clients.

The European Central Bank said burgeoning private markets could support a push by politicians in the region to channel savings into investments needed to modernize the economy.

The European Central Bank stepped up warnings against weakening capital requirements at lenders in the region, with its top oversight official saying such a move may fuel investor payouts rather than support the economy.

Europe’s top banks have set aside hundreds of millions of euros to shield against a financial impact from the Iran war, highlighting how the economic risks for the region are on the rise.

The European Central Bank is convening a call with the chief risk officers of eurozone lenders to discuss the potential threats from Anthropic’s new artificial intelligence model, as officials look to understand the technology’s potential to exploit vulnerabilities in financial systems.

The European Central Bank is convening a call with the chief risk officers of eurozone lenders to discuss the potential threats from Anthropic’s new artificial intelligence model, as officials look to understand the technology’s potential to exploit vulnerabilities in financial systems.

The Netherlands’ financial markets regulator warned of further turmoil in the $1.8 trillion private credit market after turmoil at some direct lenders.

The European Central Bank will begin a fresh round of checks on banks that it supervises as concerns intensify over loan quality in the private credit sector, according to people familiar with the matter.

The European Central Bank is probing to what extent banks are financing investments in significant risk transfers, highlighting how the region’s top regulator is growing increasingly wary about a potentially circular effect of the deals.

French banks had about €60.8 billion ($69.9 billion) in direct exposures to counterparties located in the Middle East at the end of last year, according to the European Union’s banking regulator.

The European Central Bank is asking lenders about fallout from the Iran war on their operations and clients, according to people familiar with the matter.

The European Central Bank is asking lenders about fallout from the Iran war on their operations and clients, according to people familiar with the matter.

The European Central Bank is probing the use of leverage underpinning banks’ fast-growing significant risk transfer market, according to people familiar with the matter.

The European Central Bank is probing the use of leverage underpinning banks’ fast-growing significant risk transfer market, according to people familiar with the matter.

Germany’s government dismissed a potential hostile takeover of Commerzbank AG by UniCredit SpA as “unacceptable” after the Italian lender made a €35 billion ($40 billion) bid for the Frankfurt-based bank.

A top European Central Bank official said lenders from the region expect to benefit as artificial intelligence shakes up their business models.

A top European Central Bank official said lenders from the region expect to benefit as artificial intelligence shakes up their business models.

European Central Bank staff added their support to a controversial call for more centralized supervision of the European Union’s largest asset managers as the bloc seeks to deepen its capital markets.