EBF MORNING BRIEFĀ Ā Wednesday 26Ā FebruaryĀ 2025 Ā Good morning. HereĀ are the top news stories and events in European banking, financialĀ regulation andĀ EU policy, brought to you by theĀ European Banking Federation.Ā Recommend the EBF newslettersĀ to a colleague. ClickĀ hereĀ to sign up! |
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FROM THEĀ MEDIA The Banker: Agentic AI will be the real banking disruptor Agentic AI, capable of autonomously performing tasks, is expected to transform banking by improving efficiency and customer service, reports The Banker. Read more. Bloomberg: ECB's Schnabel Cautious on Cuts as Rates May Not Be Restrictive Bloomberg reports that European Central Bank official Isabel Schnabel advises caution in lowering borrowing costs, suggesting current rates may no longer hinder economic growth. Read more. Risk.net: Value-at-risk models face neglect due to FRTB uncertainty Regulatory uncertainty around the Fundamental Review of the Trading Book is leading banks to deprioritize value-at-risk models, according to Risk.net. Read more. |
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MAIN EVENTS -
PIIE āThe Trump administrationās policies and global financial riskāĀ event -
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CouncilĀ Working partyĀ on Tax Questions (High Level) -
CouncilĀ Working PartyĀ on Financial Services and the Banking Union (Banking Union) -
Coreper II āĀ meeting -
Geneva Graduate Institute āLaunch of the January 2025 World Bankās Global Economic Prospects: Emerging and Developing Economies in the 21st Centuryā āĀ event -
Bruegel āEconomic dynamics in the former Soviet Union countries amidst global shocksāĀ panel discussion -
Geneva Graduate Institute āEstimating the Effects of Political Pressure on the FED: a Narrative Approach with New DataāĀ online seminar
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UPCOMING EBF EVENTS Ā Exploring Basel III/IV: Scenarios for Financial Stability and Growth - March 5 at 4 PM The implementation of the Basel III/IV capital reforms has become a political issue while banks are in the final straight. The balance between financial stability and competitiveness has taken over priority at a time when international relationships are being redefined. The US administration is re-evaluating its approach to the reforms, while, the UK has postponed the start of their adoption to 2027.Ā Register to attend here Ā European Money Week -Ā March 18 at 9 AM Join us at theĀ EBF PremisesĀ for theĀ 11th edition of European Money Week, themedĀ "From Financial Literacy to European Legacy: Building Financially Resilient Generations."Ā This year's event highlights the importance of equipping citizens with the knowledge and skills necessary for a stronger financial future.Ā Read more and register here |
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FROM EBF Call for Tender: EU-funded project āShaping generative AI for a sustainable and fair services economyā Connect Europe, European Banking Federation and UNI Europa are commencing an EU-funded project āShaping generative AI for a sustainable and fair services economyā.Ā Read more. New EBF Vacancy! Work with us! Visit our Vacancies pageĀ to learn more about theĀ opening.Ā Read more |
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FROM EBFĀ MEMBERS Ā Finance Latvia: SEB Financial Security Index ā About 40% of Residents Lack a Financial Safety Cushion SEBās latest financial security index reveals that nearly 40% of Latvians do not have sufficient savings for financial stability. Read more (LV). French Banking Federation: Latest Figures on Business Financing FBF presents recent data on business financing in France, highlighting trends in lending and investment. Read more (FR). Croatian Banking Association: Financing Conditions and Bank Service Prices in Croatia Compete with the Most Developed Markets HUB analysis shows that Croatiaās banking sector offers competitive financing conditions and service costs compared to highly developed economies. Read more (HR). Ā Italian Banking Association: Supporting a Modern and More Sustainable Agriculture ABI highlights the role of banks in financing sustainable agricultural practices and fostering modernization in the sector. Read more (IT). |
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FROM THE INSTITUTIONS European Central Bank: Consolidated financial statement of the Eurosystem as at 21 February 2025 The ECB has published the consolidated financial statement of the Eurosystem, detailing the latest developments in assets, liabilities, and monetary policy operations as of 21 February 2025. Read more. |
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ABOUTĀ THEĀ EUROPEAN BANKING FEDERATION Ā 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 Ā |
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