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Banks

Latest 12 December 2023

UK lenders face smaller impact from Basel rules than rivals, BoE says

The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than…

Business · 12 Jul 2023 Stress test shows top 8 UK banks have enough capital, says Bank of England By Huw Jones LONDON, July 12 (Reuters) - Britain's eight largest lenders have enough capital to ride out economic stress deeper than… Banking · 6 Jul 2023 ECB backs draft EU rules for winding down smaller banks The European Central Bank on Thursday backed proposed new EU rules for closing down smaller banks when they fail, but said they… Business · 3 Jul 2023 UK banks criticised by lawmakers for ‘measly’ savings rates LONDON, July 3 (Reuters) - British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped customers, in… ECB · 15 Jun 2023 ECB to raise rates further even as economy stutters The European Central Bank is all but certain to raise borrowing costs to their highest level in 22 years on Thursday and… Banking · 28 Mar 2023 Banking rebound remains fragile as regulators review response to failures Investor confidence in the banking sector remained fragile on Tuesday, with the European Central Bank (ECB) saying recent volatility highlighted the need… United States · 14 Mar 2023 Biden promises ‘whatever needed’ for U.S. bank system as SVB shock hammers stocks Bank stocks around the world plunged even as President Joe Biden vowed to take whatever action was needed to ensure the safety… Business · 27 Jan 2023 ECB rejects banking sector call for lower capital to boost lending The European Central Bank (ECB) on Friday rejected calls from Europe's banks to ease capital rules to boost lending and put them… Banking · 25 Oct 2022 EU to propose banks offer mandatory ‘instant payments’ in euros Banks in the euro zone would be required to provide 'instant payments' in the single currency 24/7 under draft European Union rules… Economy · 25 Oct 2022 Euro zone banks see falling loan demand, tighter access to credit in Q4 Euro zone banks expect to tighten access to credit further in the fourth quarter and see a drop in loan demand as…