ECB pushes back against calls for looser bank rules

The institute: 'But what matters is the opinion of the EBA'

ECB pushes back against calls for looser bank rules

The European Central Bank has pushed back against calls to loosen rules for eurozone banks despite fears they could fall behind US rivals if President Donald Trump implements major deregulation.

Data from the European Central Bank (ECB) show that the ratio of loans to deposits in the euro area banking sector has recorded a new historical low.

Financial Deregulation in the EU: Crisis or Salvation - Bitcoinsensus

Financial deregulation in the EU could trigger a crisis or a salvation EU officials consider easing, but Dominique Laboureix and Frank Elderson caution The easing of financial regulation in the EU, which is being considered by key leaders, probably with an eye on the US – is being met with warnings from Dominique Laboureix and Frank Elderson. They argue that short-term stimulus can make the economy unprepared for volatility and sacrificing stabi…

The European Central Bank has expressed reservations about US banking deregulation and similar demands from European banks, which are supposed to improve their competitiveness.