German bigwig calls for tough line on bank support

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
FIG
FIG People and Markets

German bigwig calls for tough line on bank support

Jasper Cox
October 16, 2018 01:30 PM
BurkhandBalz_PA_230x150
12 June 2018, Germany, Berlin: Peter Altmaier (C, CDU), German Minister for Economic Affairs and Energy, speaking during a discussion at the Wirtschaftstag 2018 of the CDU Economic Council. Beside him are MEP Burkhard Balz (l) and president of the CDU Economic Council, Werner Michael Bahlsen (r). Photo: Jens Büttner/dpa-Zentralbild/dpa | Jens Büttner/DPA/PA Images

Burkhard Balz, a member of Deutsche Bundesbank’s executive board, warned on Monday that certain tools to support struggling banks, such as precautionary recapitalisation and liquidity provision, should be used sparingly.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

RegulationMonte dei PaschiFIG People and MarketsEuropeEMEAFIGPeople and Markets
JC
Jasper Cox
Gift this article