Influential new authority could have direct supervisory powers and will seek to improve co-ordination between national supervisors.
Serbia’s banks well set for economic rebound
July 22, 2021The country’s economy is forecast to grow 6% this year on the back of a recovery of consumption and increase in public investments.
Branch evolution: moving to a hybrid model
July 21, 2021As digitalisation forces branch closures and online services become more personalised, banks could still retain in-person services.
Mid-tier Italian lenders squeezed by limited business models
July 21, 2021Reliance on net interest income as a key driver of operating revenue could lead to ongoing profitability weakness.
World
/ Western Europe
/ Italy
Are Italy’s NPL woes set to return?
July 2, 2021A government-backed securitisation scheme has helped turn Italian banks’ balance sheets around. But as Covid-19 support measures ease, bad loans are expected to rise.
World
/ Western Europe
/ UK
UK consumers drawn to neobanks during pandemic – but trust issues remain
June 30, 2021Demand for digital-only services has flourished, but many people still prefer to pay their salaries into an incumbent high street bank.
Basel Committee outlines tough stance on cryptocurrencies
June 25, 2021Global regulator proposes high risk-weight for bitcoin and ethereum, in contrast to reserve-backed cryptoassets such as stablecoins.
FDI targets Mexican fintechs as consumer behaviour begins to shift
June 23, 2021In the first quarter of 2021, foreign fintech investment created 351 jobs, compared to 27 created in traditional financial services, according to fDi Markets.
Will the European Commission give ground over Basel III output floor?
June 18, 2021Critics say proposed minimum capital requirements will disadvantage EU banks and hamper the eurozone’s recovery from Covid-19.
China’s CBDC rollout gathers momentum
June 16, 2021The People’s Bank of China has set up a joint venture with Swift, and has conducted experiments with other central banks.