EBF MORNING BRIEF Thursday 26 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.
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FROM THE MEDIA The Banker: Trump tariffs could cut European bank profits by up to 30% European banks could see pre-tax profits fall by 30% on average in 2025 due to loan losses linked to US tariffs, with some lenders facing drops above 60%, writes The Banker. Read more
Politico: Socialists rebel against Commission’s plan to slash social spending in EU budget
The Socialists in the European Parliament oppose cuts to the EU’s €142.7bn social fund, warning they won’t back a budget that prioritises defence and industry at the expense of cohesion, reports Politico. Read more
Bloomberg: BBVA-Sabadell takeover hit with an ugly political fudge
Spain’s demand that BBVA and Sabadell remain separate for at least three years raises uncertainty over the €14bn deal and highlights tensions over banking consolidation, writes Bloomberg. Read more
Financial Times: EU readies retaliatory tariffs to secure better trade deal with Trump
Brussels is preparing tariffs on €95bn of US goods and services to pressure Washington into reducing its trade levies, says the Financial Times. Read more |
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EVENTS Thursday 26 June -
Bank of England: Capital Issuance May – data release -
Eurostat: Economy and finance EU/EA aggregates for capital stocks (2022) – data release -
European Banking Authority ‘Public hearing on Implementing Technical Standards on amended disclosure requirements for ESG risks, equity exposures and aggregate exposure to shadow banking entities’ -
CEPS ‘EuroStack: a concrete pathway to European digital sovereignty and strategic autonomy’ Event
Friday 27 June
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Eurostat: Economy and finance Main GDP and employment aggregates (expressed in PPS) (2024) – data release
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EBF Vacancies! Work with us! Visit our Vacancies page to learn more about the opening. Read more |
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FROM EBF MEMBERS Czech Banking Association: Hládek – When Paying by Card Abroad, Always Choose the Local Currency CBA's chief economist Radek Hládek advises travelers to always select the local currency when paying by card abroad to avoid unfavorable exchange rates. Read more (CS)
UK Finance: What is the Difference Between Fraud and Marketing?
UK Finance outlines key distinctions between fraud and legitimate marketing, helping consumers understand where financial promotions cross ethical lines. Read more
Association of German Public Banks: VÖB Capital Market Forecast – Tentative Recovery in Germany, Global Uncertainties Still Weigh
VÖB projects modest recovery in Germany’s capital markets for the second half of 2025, but warns global instability continues to cast a shadow. Read more (DE)
Hellenic Bank Association: EU Regulation 2025/1215 on Net Stable Funding Requirements for Securities Financing Transactions Published
The Hellenic Bank Association reports on the publication of EU Regulation 2025/1215, amending Regulation 575/2013 to establish specific requirements for securities financing transactions under the Net Stable Funding Ratio (NSFR) framework. Read more (EL) |
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FROM THE INSTITUTIONS European Central Bank: A decade of borrower-based measures in the banking union The ECB reviews ten years of borrower-based measures in the banking union, highlighting their growing adoption and role in promoting lending sustainability and financial resilience. Read more
European Securities and Markets Authority: ESMA provides guidance on a key tool for CCP resolution
ESMA has issued its first CCP resolution briefing to help national authorities implement the cash call mechanism, enhancing preparedness and consistency in crisis management. Read more |
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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 |
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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
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