European banks given warning of further ‘shocks’By Giada Zampano
September 5, 2023
A double warning from the European Central Bank and the Financial Stability Board has given European banks notice that they face a rise in the cost of risk.
ECB president Christine Lagarde has said that the central bank’s restrictive monetary policy could very well continue, which might ...
The war in Ukraine, rapid digitalisation of banking services and shifts in underlying IT systems are making European banks a top target for cyber attacks. Several European banks have suffered...Read more