Fragmented Market Prevents EU Banks From Financing Bloc’s Ambitions, EBA Chair Says
François-Louis Michaud said banks need more scale to fund digital, defense and economic-security goals as US regulators ease requirements.
4 Articles
4 Articles
According to the president of the European Banking Authority (EBA), the fragmentation of the European banking market is preventing credit institutions from reaching the size necessary to finance the continent's digital, economic security and defense efforts.
Fragmented market prevents EU banks from financing bloc’s ambitions, EBA chair says - Regional Media News
By Jakob Van Calster Sept 24 (Reuters) - Europe's fragmented banking market is preventing lenders from achieving the scale needed to finance the continent's digital, economic-security and defence ambitions, the chair of the European Banking Authority told Reuters. While European banks remain highly capitalised and continue to post strong profits, they are constrained by a single market that is "not as single as it should be", François-Louis Mich…
Fragmented market prevents EU banks from financing bloc’s ambitions, EBA chair says
By Jakob Van Calster Sept 24 (Reuters) - Europe's fragmented banking market is preventing lenders from achieving the scale needed to finance the continent's digital, economic-security and defence ambitions, the chair of the European Banking Authority ...
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
