EU supervisors and banking experts at odds on financial stability risksBy Siqalane Taho
September 28, 2023
The EU’s leading supervisors are warning that the bloc’s stumbling economy could threaten financial stability. But banking experts have hit back, arguing that “surprise” government taxes and capital demands from regulators are what is fuelling market uncertainty.
The European Supervisory Authorities’ warning comes after ...
Italy’s banking windfall tax could impair the resilience of the eurozone’s banks and distort markets, the European Central Bank has cautioned. The ECB’s non-binding legal opinion, published on September 13,...Read more