EBF MORNING BRIEF    Thursday 3 July 2025

FROM THE MEDIA

Reuters: Instant view: UK markets see 2022-style selloff as worries build over finance minister

UK government bond yields surged and sterling slumped amid concerns that potential tax cuts by the finance minister could undermine fiscal stability. Read more

Politico: EU countries clash with Brussels over banking mergers

Southern European countries are challenging the European Commission’s cautious approach to banking mergers, arguing that it hampers competitiveness. Read more

Bloomberg: Private Equity Is Struggling to Overcome Doubts on Valuations

Public market rallies are raising the implied prices of private assets, intensifying doubts among investors and slowing sales. Read more

The Banker: Santander expected to overtake Nationwide on assets with £2.65bn TSB deal

Merger lifts Santander to third in UK current accounts and fourth in mortgage lending. Read more 

EVENTS

Thursday 3 July

• Bank of England: Credit Conditions Survey (2025 Q2)

• Bank of England: Monthly Decision Maker Panel Data Release

• BoE: Monthly Decision Maker Panel data (June 2025)

• BoE: UK International Reserves (June 2025) – data release

• BoE: Monthly Decision Maker Panel data (June 2025) – data release

• BoE: Bank Liabilities Survey (2025 Q2) – data release

• Bank of England: Bank Liabilities Survey (2025 Q2) – data release

• Bank of England ‘UK International Reserves’ Statistics Release

• Bundesbank: BaFin Bundesanstalt für Finanzdienstleistungsaufsicht - speech

• Bundesverband der Deutschen Volksbanken und Raiffeisenbanken ‘Bankwirtschaftliche Tagung’ - speech

• CEPS ‘What role for a wholesale digital euro in tomorrow’s financial ecosystem?’ Conference

• European Central Bank ‘Euro area households and non-financial corporations (Dataset: QSA)’ Dataset Release

Friday 4 July

• European Central Bank: Euro area bank interest rate statistics (Dataset: MIR)

• Accessibility EU & EBF: “How to Improve Accessibility of Banking Services” event

FROM THE EBF  

More than 400 participants, both in person and online, came to our “How to Improve Accessibility of Banking Services” event 

On 1 July, the European Banking Federation co-hosted with AccesibleEU the event “How to Improve Accessibility of Banking Services” to mark the entry into force of the European Accessibility Act on 28 June. EU Commissioner Maria Luís Albuquerque delivered an inspiring keynote, stressing that the upcoming EU Strategy for Financial Literacy must be inclusive of all Europeans. With more than 101 million Europeans living with a disability, this is a critical milestone for inclusion across the financial sector. Read more about the event

The EU T+1 Industry Committee finalises High-Level Road Map

The EU T+1 Industry Committee has published its High-Level Road Map for the transition to a T+1 settlement cycle for securities on 11 October 2027. The roadmap contains a set of recommendations developed collaboratively by association representatives and workstream leads from various industry segments, and its technical workstreams, with broad industry representation. Read full press release
 

EBF Vacancies! Work with us!

Visit our Vacancies page to learn more about the opening. Read more

FROM EBF MEMBERS

UK Finance: How macroeconomic indicators and AI influence deal outcomes in M&A

UK Finance analyses how current macroeconomic factors and the integration of AI shape transaction results in mergers and acquisitions, offering insights for market participants. Read more

Finance Latvia: A unique investment game has been created in Latvia – a safe environment to learn how to invest in stocks

Finance Latvia presents a new interactive game developed in Latvia that provides a secure setting for individuals to practice investing in stocks and gain financial skills. Read more (LV)

FROM THE INSTITUTIONS

European Commission: Key actions launched to advance the circular economy

The Commission announced new initiatives to drive circular economy objectives, including measures to support sustainable production, consumption, and waste reduction. Read more

European Insurance and Occupational Pensions Authority: EIOPA opens public consultation on revised Guidelines on Supervisory Review Process

EIOPA launches a public consultation on draft revised Guidelines under the Solvency II framework to ensure consistent supervisory review processes across the EU. Read more

European Banking Authority: EBA consults on Draft Guidelines on the methodology to estimate and apply credit conversion factors under the Capital Requirements Regulation

The EBA has launched a consultation on draft Guidelines for estimating and applying credit conversion factors (CCFs) to off-balance sheet exposures under CRR. Read more

European Securities and Markets Authority: ESMA finds convergence opportunities for pre-trade controls

ESMA published an analysis identifying areas for supervisory convergence in pre-trade controls to ensure market integrity and reduce risks. 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

European Banking Federation