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Latest News
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ECA invites EU legislators to address ‘shortcomings’ in bank crisis rules
The European Court of Auditors published an assessment of the EU’s crisis management framework this week. It urged policymakers to align national insolvency procedures with bloc-wide resolution rules, as a way of making sure that banks are treated consistently when they fall into financial difficulty.
15 Jan 2021 -
Bank balance sheets could be obscured, says Coen
The impact of coronavirus on economies has led to extraordinary help being granted to banks and their customers. But this brings the risk of problems on banks' balance sheets being hidden, according to William Coen, former secretary general of the Basel Committee on Banking Supervision.
14 Jan 2021 -
Shareholders hit HSBC with fossil fuel motion
Shareholders in HSBC have filed a motion calling on it to live up to its reputation for sustainable finance by setting targets to reduce fossil fuel financing — an area where investors argue HSBC lags behind some of its rivals.
10 Jan 2021 -
HSBC's Asia ambitions remain after Enns leaves
HSBC’s aims to boost market share in investment banking and rebalance towards Asia remain intact despite the resignation of one of its most senior lieutenants. But 2021 must be about execution, writes David Rothnie.
07 Jan 2021 -
Bolder central bank policies will be pitched as the cure to economic long Covid
Cancelling debt, dual interest rates, helicopter money: if the recovery from the coronavirus crisis stalls in the developed world, we will see calls for more radical central bank action.
05 Jan 2021 -
Green bankers confident of Taxonomy U-turn
Sustainable finance specialists are optimistic that the European Commission will make a last minute concession on its proposed rules for green buildings when it publishes its final and binding Taxonomy of Sustainable Economic Activities, expected later this month.
04 Jan 2021 -
Metro Bank avoids MREL raise with mortgage portfolio sale
Metro Bank has avoided the need to raise debt towards meeting its minimum requirements for own funds and eligible liabilities (MREL) after it sold a portfolio of mortgages to NatWest Group.
21 Dec 2020 -
‘We’re on a very different path to others’, says Agora’s Berman
Charlie Berman, the bond market veteran, believes the platform he is developing, Agora, will not face competition from other fintech applications in the debt capital markets, due to its unique selling point of covering the entire lifecycle of a bond and the use of distributed ledger technology.
18 Dec 2020 -
Banks question capital buffers after stressful year
Bank capital has gone back under the microscope during the coronavirus pandemic, with policymakers asking themselves whether the Basel III rules can work as intended. Tyler Davies reports.
17 Dec 2020 -
Politicians' call to scrap ECB debt dismissed as unworkable
European left-wing politicians have called on the European Central Bank to cancel government bonds it has bought, to help countries suffering in the aftermath of the coronavirus crisis. But analysts believe this move would create a lot of political pain and little economic gain.
17 Dec 2020
