Share the article

Reg rageMarch 23 2020

Coronavirus menaces eurozone banks

The latest potential existential threat to the eurozone is not from reckless banks this time. A highly contagious virus is something regulators had never planned for, writes Justin Pugsley.

by Justin Pugsley

Share the article

What is happening?

Covid-19, or the coronavirus, has taken a firm grip on the global economy, sending it lurching towards recession and knocking global equity markets into a tailspin.

To continue reading, join our community and benefit from

In-depth coverage across key markets
Comments from financial leaders and policymakers worldwide
Regional/country bank rankings and awards

Activate your free trial

Read Next

Bankers square up to regulators on merger reform

APRIL 19

Bankers square up to regulators on merger reform

Radical new proposals to shake up bank takeovers in the US are testing bankers’ patience

US regional banks face a reckoning

MARCH 13

US regional banks face a reckoning

The Fed wants to whip regional lenders into shape, fearing a ticking time bomb in the souring commercial real estate market

Are US banks ready to admit defeat in Basel Endgame?

FEBRUARY 14

Are US banks ready to admit defeat in Basel Endgame?

US banks have been raging against complying with Basel Endgame, but do they have a leg to stand on?

UK in a tizz over T+1

JANUARY 23

UK in a tizz over T+1

City heavyweights cannot make up their mind over speeding up trade settlement.

Trending in The Banker