EBF MORNING BRIEF Tuesday 18 June 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!
|
|
|
FROM THE MEDIA
Bloomberg: ECB is watching markets after French turbulence
According to Bloomberg, the European Central Bank (ECB) President Christine Lagarde said officials are being “attentive” to financial market-developments. “Price stability goes in parallel with financial stability” Lagarde told reporters. Read more FT: ECB's Lane downplays need to intervene in French bond market A senior European Central Bank (ECB) official has dismissed the idea that it could start buying Eurozone government bonds after the announcement of a snap French parliamentary election caused a sell-off in the country’s debt. “What we are seeing is a repricing but it is not in the world of disorderly market dynamics right now” the chief economist of the ECB Philip Lane said as quoted by the Financial Times (FT). Read more
Reuters: ECB's Lane confident of hitting inflation goal
The European Central Bank (ECB) is confident that inflation will fall back to its 2% target next year despite some "noisy" inflation along the way, the ECB's chief economist Philip Lane said. "There's a lot, a fair amount of confidence about the destination in the second half of next year" he told Reuters. Read more |
|
Banking Governance Programme, Lausanne (October/January) |
|
EBF is pleased to inform about the new Banking Governance Programme in partnership with IMD - Business School for Management and Leadership Courses.
The programme consists of two modules offered on the IMD Campus in Lausanne:
Module 1: 21 – 24 October 2024; Module 2: 27 – 30 January 2025.
Through this partnership, EBF members (and their members) are entitled to a 25% discount for the first programme. For more information, visit the IMD website, reach out directly to EBF (s.debrouwer@ebf.eu) and IMD (polina.bochukova@affiliate.imd.org) or follow the two upcoming information webinars on July 1st at 17.00 CET and on July 17th at 17.00 CET. |
|
FROM EBF MEMBERS
Finance Denmark: Funds with Danish, Nordic and European shares peak returns in May 2024
May contributed further to the positive development that Danish equity funds have shown during 2024. In contrast to the first 4 months of the year, it was equity funds with a focus on Danish, Nordic and European shares that realized the best returns in May. Read more (DK)
CBA: Producer prices fell more than expected in May
Producer prices in May sound relatively favorable, prices of industrial producers fell more than expected, the decline continued in the prices of agricultural producers, the Czech Banking Association (CBA) reports. Read more (CZ)
ABI: Monthly Report – June 2024
According to the Italian Banking Association (ABI), in recent months signs of a decrease in market rates have been appearing compared to previous maximum values, anticipating the ECB's recent decision to lower monetary policy rates by a quarter of a point. Read more (IT) |
|
FROM THE INSTITUTIONS
ECB: Sectoral dynamics and the business cycle
To properly anticipate and tackle risks to the economy, policymakers need to monitor and analyse changes across different sectors, such as manufacturing, trade and hospitality, the European Central Bank (ECB) reports. Read more
ESMA: Frauds and Scams
Scammers are not only in the movies. European Securities and Markets Authority (ESMA)'s name and logo are falsely used to promote frauds and scams in emails, complaint forms and other documents. Read more ESRB: Policy tools for cyber resilience As part of its macroprudential strategy to advance system-wide cyber resilience, the European Systemic Risk Board (ESRB) published a report on tools for gathering, sharing and managing information, coordination tools and emergency and backup systems. Read more |
|
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 |
|
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 |
|
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
|
|
|
|
