The European Central Bank is undertaking a major project to ensure the internal models used by eurozone banks work properly. A useful spin-off could be to tackle the Basel Committee on Banking Supervision’s scepticism over their use, as Justin Pugsley reports.
Latest articles from Western Europe
The left-wing coalition government of Portuguese prime minister António Costa has silenced critics with what has so far been an effective financial policy. Now it must convince the ratings agencies and Portugal’s international creditors. Peter Wise reports.
Once one of the standard bearers for the travails of the eurozone, Portugal appears to be in the early stages of a recovery, one in which its revitalised banks are playing a leading role – albeit heavily backed by foreign investment. Peter Wise reports.
The chief executive of Portugal’s Novo Banco, António Ramalho, tells Peter Wise why 2017 will be the final year in its search for a controlling shareholder, and how he is easing the burden of non-performing loans.
Andreas Dombret, member of the board at Deutsche Bundesbank, Germany's central bank, tells Stefanie Linhardt about the issues banks thinking of re-locating to Germany would have to consider, the negative consequences lower standards of regulation could bring for financial markets and the risks of a 'no deal' Brexit.
Sweden’s minister for financial markets and consumer affairs, Per Bolund, explains to Stefanie Linhardt how the country maintains its stable economy, and why the European Banking Association would be better off located in Stockholm.
Sweden is enjoying impressive economic growth, reflected in rising house prices and an increase in household debt. Now, fears of a property bubble are fuelling calls for the government to speed up measures to cool the market. Stefanie Linhardt reports.
Sweden’s banks have survived the recent low interest rate environment and remain profitable. But a payroll tax on financial institutions and ongoing regulatory uncertainty threaten to take their toll. Stefanie Linhardt outlines the likely headwinds.
Q&A with Esther Puigcercós Font, general manager, Associació de Bancs Andorrans (Andorran Banking Association)February 1, 2017
The general manager of the Andorran Banking Association, Esther Puigcercós Font, tells Stefanie Linhardt how the country's banks are becoming more transparent, and explains how they are adhering to EU standards despite the country not being a member of the union.