EBF MORNING BRIEF Thursday 29 August 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! |
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FROM THE MEDIA Reuters: Portugal proposes austerity-era finance minister for EU Commissioner Portugal's centre-right government proposed former finance minister Maria Luis Albuquerque, who led the country's austerity efforts a decade ago following an international bailout, for a post on the new European Commission, Reuters reports. Read more Bloomberg: ECB’s Centeno Says Interest-Rate Path Seems ‘Relatively Clear’ European Central Bank (ECB) Governing Council member Mario Centeno said the direction of monetary policy seems “clear” given indicators such as lower inflation. “When we look at the data, the path for interest rates in the euro area seems relatively clear to me,” Centeno said according to Bloomberg. Read more S&P Global Market Intelligence: Most large European banks bolster liquidity in Q2 2024 Of the largest 30 banks for which data was available, 21 saw their liquidity coverage ratios increase from a year earlier, S&P Global Market Intelligence data shows. Read more |
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FROM EBF MEMBERS FBF: Educational videos dedicated to female entrepreneurship In partnership with the French Banking Federation (FBF) and other associations, the Banque de France has produced a series of educational videos which aim to support female entrepreneurship. Read more (FR) SFF: Seminar on the DORA regulation Finance Iceland (SFF) is holding a seminar on Monday, September 9, 2024, about the EU's DORA regulation (e. Digital Operational Resilience Act) on digital operational resilience for the financial sector, which is being legalized in this country. Read more (IS) Finance Finland: Standards and regulation bring stability Digitalisation, AI and geopolitical turmoil are shaping our lives. Nearly everything in our daily life is built upon standards and certificates. Payments are a prime example of a thoroughly standardised and certified field. Read more |
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FROM THE INSTITUTIONS ECB: Monetary developments in the euro area: July 2024 This European Central Bank (ECB) press release shows that the annual growth rate of the broad monetary aggregate M3 stood at 2.3% in July 2024, unchanged from the previous month, averaging 2.0% in the three months up to July. Read more EBA: Update of data used for the identification of global systemically important institutions The European Banking Authority (EBA) updated the 13 systemic importance indicators and underlying data for the 33 largest institutions in the EU whose leverage ratio exposure measure exceeds EUR 200 bn. Read more BIS: External statistics in a fragmented and uncertain world According to the Bank for International Settlements (BIS), External statics are critical to address international economic developments and must evolve to better inform policymaking. Read more |
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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 |
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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 |
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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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