EBF MORNING BRIEF  Monday 19 May 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.Â
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FROM THE MEDIA  The Banker: BNP Paribas scales up AI ambitions after hitting €500mn value creation target BNP Paribas exceeded its AI value creation goal early and now targets an additional €215mn by 2026, with new responsible AI roles supporting ethical deployment, reports The Banker. Read more
Politico: Is Germany’s powerful finance minister in over his head?
Lars Klingbeil’s rise to finance minister and vice chancellor comes amid fiscal challenges, with questions over his readiness to manage Germany’s complex budget plans, writes Politico. Read more
Bloomberg: World Economic Forum Courts Lagarde as Its Next Leader After Founder’s Abrupt Exit
Following Klaus Schwab’s sudden resignation, the WEF board is in talks to recruit ECB President Christine Lagarde as its next leader, despite her term running until 2027, reports Bloomberg. Read more |
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FROM EBF  EBF Board Highlights - A competitiveness and growth regulatory mindset for Europe’s banks As global dynamics shift, Europe must secure growth, prosperity, and safety. The EU needs an €800 billion annual investment gap and another €800 billion by 2030 for security and defense. The European Commission’s Competitiveness Compass focuses on three priorities: boosting innovation, accelerating decarbonisation and competitiveness, and reducing strategic dependencies. Read more
Only a couple of days until the European Money Quiz (EMQ) 2025 finals in Brussels!
On 22–23 May, a new generation of youngsters will be getting ready to master their financial skills and compete for the European championship title in the grand finale of Europe’s biggest financial literacy competition for teenagers. Read more
 New EBF Vacancies! Work with us! Visit our Vacancies page to learn more about the opening. Read more |
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FROM EBFÂ MEMBERS Â UK Finance: Why Synthetic Identity Fraud Detection Must Go Beyond Onboarding UK Finance warns that combating synthetic identity fraud requires continuous monitoring throughout the customer lifecycle, not just at onboarding. Read more.
Czech Banking Association: CBA HypoMonitor – April Confirms Strong Mortgage Volume With 4.65% Average Rate
CBA reports that mortgage activity remained strong in April, with an average rate of 4.65%, reflecting continued market stability. Read more (CZ).
Banking & Payments Federation Ireland: BPFI Personal Loans Report – Q4 2024
BPFI shares data on personal lending trends in Ireland, showing steady growth in unsecured consumer loans at the end of 2024. Read more. |
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FROM THE INSTITUTIONS
European Central Bank: Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
The ECB published its May 2025 Financial Stability Review, updated CCP liquidity access rules, and issued opinions on sustainability reporting and critical entity resilience. It also imposed penalties on SEB Baltics for internal model breaches. Read more |
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ABOUTÂ THEÂ 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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