The country’s Financial Conduct Authority has written to High Street banks asking them to justify their lower savings rates.
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US banking M&A plummeted in 2022
May 23, 2023Globally, M&A deals dropped 19.6% year-on-year in 2022. All regions, except for the Middle East and Africa, saw a year-on-year decline.
EU Commission pushes for new rules for bank failures
May 9, 2023Meanwhile, countries in the region are increasing the amount of deposits protected by EU deposit guarantee schemes.
Explosive ATM attacks on the rise in Europe
May 2, 2023The issue is especially acute in countries still with a large ATM network, such as Germany.
Deposit outflows preceded SVB collapse
April 25, 2023Even before the collapse of Silicon Valley Bank, investors and depositors had already started shifting their money from banks into more lucrative funds.
Slovakia’s central bank bribery case casts shadow on economy
April 18, 2023The head of Slovakia’s central bank has been convicted of bribery, but it is too early to assess the impact.
EU banks well positioned to weather market volatility
April 11, 2023Banks’ share prices and credit spreads have partially recovered since the volatility that followed the confidence crisis surrounding Credit Suisse and Silicon Valley Bank.
Commercial property woes to affect banks
April 4, 2023European lenders are less exposed than US banks.
Deposit funding becoming more attractive for European banks
March 21, 2023The loan-to-deposit ratio across the continent has decreased since the end of the global financial crisis.
Credit Suisse shored up by central bank
March 16, 2023The embattled Swiss lender has seen its deposits plummet by more than 40% in the past year.
What impact did the global pandemic have on banks?
