EBF MORNING BRIEF Tuesday 5 November 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 Reuters: Eurozone investor morale slightly up, but 'turnaround looks different' Investor morale in the Eurozone rose for a second consecutive month in November, though by slightly less than expected, as somewhat greater satisfaction with the current situation boosted the overall mood, a survey shared by Reuters showed. Read more Euractiv: EU finance ministers reaffirm commitment to pro-business agenda to boost bloc’s competitiveness “We see it as a priority to address Europe’s underperformance in productivity by facilitating conditions for European businesses to invest and innovate,” EU finance ministers told Euractiv. Read more CNCB: What the stock market typically does after the U.S. election, according to history Stocks typically rise after a presidential election, but investors need to be prepared for some short-term choppiness first, history shows. The three major benchmarks on average have seen gains between Election Day and year-end in the presidential election year going back to 1980, according to CNBC data. Read more |
|
MAIN EVENTS EDPB stakeholder event on AI models |
|
FROM EBF MEMBERS BdB: Herkenhoff- Financial education: Now or never! At the beginning of 2023, Federal Finance Minister Lindner and Federal Education Minister Stark-Watzinger had already presented key points for the "Financial Education Initiative" and, among other things, promised to develop a national financial education strategy in cooperation with the OECD and to create a central financial education platform, the Association of German Banks (BdB) reports. Read more (DE) Finance Denmark: School classes can register for Money Week Money Week 2025 opens for registration, where schools can request a visit from a bank adviser in week 11 and teach students about personal finance. Read more (DK) Finance Latvia: Kārlis Purgailis: How to improve the Latvian pension system The efficiency of the pension system has been one of the hottest topics of conversation when discussing next year's state budget. Read more (LV) |
|
FROM THE INSTITUTIONS ECB: The first decade of European supervision: taking stock and looking ahead The European Central Bank (ECB) has shared the keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB at the “10 Years of SSM – Looking back and looking forward” conference. Read more BIS: François Villeroy de Galhau: Monetary policy in perspective (II) - three landmarks for a future of "great volatility" The Bank for International Settlements (BIS) has shared the speech by François Villeroy de Galhau, Governor of the Bank of France, at the London School of Economics on 30 October 2024. Read more ESMA: Pubblication of data for quarterly bond liquidity assessment and the systematic internaliser calculations The European Securities and Markets Authority (ESMA) has published the new quarterly liquidity assessment of bonds and the data for the quarterly systematic internaliser calculations for equity, equity-like instruments, bonds and for other non-equity instruments under MiFID II and MiFIR. 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 |
|
|
|