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EU bank profitability jumps to 7-year high, says watchdog
Banks in the European Union became significantly more profitable in the first quarter of 2021 due to higher income from trading and as the burden of souring loans eased, the…
EU banks face 9.4 billion euro shortfall to meet capital rules
Major banks in the European Union will have to collectively find 9.4 billion euros ($11.4 billion) by 2028 to plug a capital…
EU weighs new anti-money laundering body in wake of scandals
The EU is to explore the creation of a central authority to crack down on money laundering activity after a series of…
EU’s 2018 bank stress test considered too mild
Last year’s European Union bank stress test did not appropriately reflect systemic risks, EU auditors said on Wednesday, a shortfall that may…
Warnings about money laundering by Danske Bank in Estonia were ignored
Russia's Central Bank sent warnings in 2007 and 2013 to Estonian and Danish financial supervisors over suspect transactions worth billion of dollars…
EBA ends probe of Estonian, Danish regulators over Danske Bank
The European Banking Authority (EBA), the EU banking watchdog, terminated an investigation of financial regulators in Estonia and Denmark in relation to…
Malta’s Finance Minister expresses disappointment at ‘unfair’ treatment against Malta by Commissioner Jourova
Malta's Finance Minister Edward Scicluna has expressed disappointment at what he described as the “unfair” treatment meted out against Malta by European…
Wednesday Morning Briefing
Good morning, Matteo Salvini denounces photos of people stranded at sea by Libya as fake after being accused that this is a…