The European Central Bank proposed changing the design of a type of deeply subordinated bond issued by lenders to ensure it can absorb losses before banks fail.
The European Central Bank proposed changing the design of a type of deeply subordinated bond issued by lenders to ensure it can absorb losses before banks fail.
Aegon Ltd.’s shares dropped after it outlined financial targets that underwhelmed investors, overshadowing a confirmation it will move its headquarters to the US over the next two years.
The European Central Bank’s top supervisory official said her work to reduce regulatory burdens will cut compliance costs for banks, amid widespread expectations that a wider effort to safeguard the industry’s competitiveness will fall short.
Germany’s financial watchdog warned the country’s banks that they face risks from the increasingly opaque ties between companies driving the artificial intelligence boom.
AI adoption will further cement lenders’ reliance on foreign tech giants.
European Central Bank Vice President Luis de Guindos gave one of the starkest signals yet that top officials who are working to lighten the regulatory burden on banks won’t water down their financial strength.
European Central Bank Vice President Luis de Guindos gave one of the starkest signals yet that top officials who are working to lighten the regulatory burden on banks won’t water down their financial strength.
Several top European central bankers made competing proposals on how to reduce the regulatory burden on lenders as they seek to influence the discussion just weeks before finalizing a report that will set the stage for decisions at the European Union level.
European regulators are discussing sharing data on private credit firms to get a better picture of overall risks from the booming asset class, according to Germany’s central bank.
European Central Bank Executive Board member Frank Elderson is ready to extend his tenure as vice chair of the institution’s supervisory arm, according to people familiar with the matter.
European Central Bank Executive Board member Frank Elderson is ready to extend his tenure as vice chair of the institution’s supervisory arm, according to people familiar with the matter.