EBF MORNING BRIEF Wednesday 18 June 2025 Good morning. Here are the top news stories and events in European banking, financial regulation and EU policy, brought to you by the European Banking Federation. Recommend the EBF newsletters to a colleague. Click here to sign up! |
|
|
FROM THE MEDIA Reuters: Ireland sells final AIB shares 15 years after banking crisis Ireland has sold its remaining 2% stake in AIB for €305 million, marking a full exit from one of the banks it nationalised during the eurozone crisis. The government says it has broken even on total bailout costs, reports Reuters. Read more Financial Times: Central banks plan to boost gold reserves and trim dollar holdings A record 95% of central banks plan to increase gold holdings this year, while most expect to reduce US dollar reserves over the next five years, amid geopolitical concerns and de-dollarisation trends, writes the FT. Read more Bloomberg: Reeves Weighs Reversing Non-Dom Inheritance Tax Changes, FT Says The UK government is considering softening its inheritance tax plan for non-doms, after warnings that it may drive wealthy individuals abroad and hurt revenue, reports Bloomberg. Read more Politico: EU resurrects banking practice that caused the 2008 financial crisis The European Commission will propose easing securitisation rules to stimulate bank lending, reducing capital and reporting burdens while insisting safeguards remain in place, writes Politico. Read more |
|
MAIN EVENTS Coreper II – meeting ECB: Euro area seasonally adjusted HICP (May-2025) – data release EBF and S&P Global Market Intelligence Webinar on how EU banks are likely to perform amid tariffs and market volatility |
|
FROM THE EBF EBF Vacancies! Work with us! Visit our Vacancies page to learn more about the opening. Read more |
|
FROM EBF MEMBERS Finance Denmark: Copenhagen homebuyers continue to request more loan offers The association reports that the number of loan offers requested by homebuyers in Copenhagen has increased steadily, reflecting a more active housing market. Read more (DA) Luxembourg Bankers’ Association: Accelerating innovation in depositary banking: ABBL and LHoFT launch CATAPULT: Banktech ABBL and the Luxembourg House of Financial Technology are launching a new program to boost innovation in the depositary banking sector. Read more Estonian Banking Association: Estonians lost more than €1.7 million to scammers in one month The association highlights the growing threat of online fraud, urging consumers to remain vigilant and follow best practices in cybersecurity. Read more (ET) Finance Latvia: Industra Bank signs agreement with European Investment Fund to lend €22 million for green projects The agreement will support green initiatives across Latvia through accessible financing for environmentally sustainable projects. Read more (LV) |
|
FROM THE INSTITUTIONS European Insurance and Occupational Pensions Authority: EIOPA publishes the results of the first coordinated mystery shopping exercise in the EU’s insurance sector EIOPA’s mystery shopping of insurance-based investment product sales in 8 countries reveals mixed results on information gathering, disclosure, and product suitability. Read more European Central Bank: Eurosystem launches single collateral management system The new ECMS replaces 20 national systems, harmonising collateral management across the euro area and advancing integration in the TARGET Services framework. Read more |
|
ABOUT THE EUROPEAN BANKING FEDERATION The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The federation is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere. Website: www.ebf.eu |
|
This newsletter is published by the EBF Mediacentre. For questions or suggestions contact [email protected] European Banking Federation Avenue des Arts 56, B-1000 Brussels, Belgium |
|
|
|