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Latest articles from Western Europe

What legacy will Covid-19 leave for UK businesses and banks?

August 28, 2020

The UK needs a proactive supervisor and community banks to deal with the aftermath of the pandemic, says Philip Sinel.

Rishi Sunak teaser

Financial sector faces uncertainty as UK and EU wrangle over MiFID II

August 26, 2020

Slow progress on regulatory agreement with the EU is making life uncertain for UK financial firms.

Andrew Bailey

Despite mounting loss provisioning UK banks can take more pain, says Bank of England

August 13, 2020

Bank of England estimates that the UK banking system is well capitalised enough to get through a severe recession.

Corrado Passera teaser

Illimity CEO focused on opportunities in SME banking space

August 5, 2020

Corrado Passera, the founder and CEO of digital bank Illimity, believes focus is important and has identified potential among small and medium-sized companies, clients he claims traditional banks have underestimated.

ECB teaser

European retail banking in need of a revolution

August 5, 2020

European retail banks were facing numerous challenges before the coronavirus pandemic hit and are under even more pressure now. They will need to embrace change if they are to survive.

climate

UK banks ordered to plan for climate change risks by 2021

July 17, 2020

Financial firms warned reporting climate-related information will soon become mandatory.

Santander teaser

Spanish banks reap benefits from online presence

July 13, 2020

Spanish banks adapted to crisis quickly – but most acknowledge it will hit profitability.

EU flag

EU gets CCP resolution and recovery rules over the line

July 10, 2020

Resolution governing failed central counterparty clearing houses (CCP) given green light.

rishi

UK government to tackle tough legacy Libor contracts

July 7, 2020

FCA to be given power to manage orderly transition from Libor to alternative rates.

EU flags 19x9

European Commission seeks to reboot Capital Markets Union

June 23, 2020

Recommendations on how pan-EU project should proceed have been well received by industry.

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