EBF MORNING BRIEF Tuesday 6 May 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 Bloomberg: Erste to Buy Santander Polish Businesses in €7 Billion Deal The deal strengthens Erste’s lead in Central and Eastern Europe and fulfils its pledge to expand into Poland, reports Bloomberg. Read more
The Banker: Banks wrestle to unlock AI value amid ‘data scientist talent drought’
A lack of skilled data scientists and fragmented infrastructure is hindering banks’ AI ambitions, with firms increasingly hiring outside finance to meet demand, writes The Banker. Read more
Financial Times: European bank traders deliver best results in more than a decade
UBS, BNP Paribas, Société Générale, Barclays and Deutsche Bank posted a record €13bn in Q1 trading revenues as volatility driven by Trump’s tariff policy boosted market activity, writes the FT. Read more
Reuters: Amundi CEO says UniCredit accounts for about 100 billion euros in assets under management
Amundi CEO Valérie Baud revealed UniCredit represents roughly half of the firm’s Italian AUM, highlighting the strategic importance of their distribution agreement, reports Reuters. Read more |
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EVENTS -
Polish Central Bank Monetary Policy Council – meeting -
Governing Council of the ECB: annual retreat hosted by Banco de Portugal (Day 1) -
CYBERUK 2025 - event -
NISDUC Conference on building a strong and trusted cybersecurity & NIS2 community towards informed governance -
ECB: Euro area bank interest rate statistics (Mar-2025) – data release -
Council Working Party on Information Exchange and Data Protection (DAPIX)
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FROM EBF EBF Vacancy! Work with us! Visit our Vacancies page to learn more about the opening. Read more |
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FROM EBF MEMBERS Luxembourg Bankers' Association: ABBL Ordinary General Assembly 2025 – Strong Sector Results and Concrete Proposals for Smarter Regulation ABBL presents the 2025 performance of Luxembourg’s banking sector and puts forward recommendations to simplify and enhance EU financial regulation. Read more.
Czech Banking Association: Damages Exceed CZK 364 Million – The Cost of Online Scam Attacks in the First Quarter of This Year
CBA reports that digital scam losses exceeded CZK 364 million in Q1 2025, underscoring the need for public awareness and stronger prevention. Read more (CZ)..
Swiss Banking Association: Stablecoins Offer Opportunities and Present Challenges for the Swiss Financial Centre
SBA Switzerland analyses how stablecoins could enhance efficiency in the financial sector while posing regulatory and systemic challenges. Read more.
Association of German Banks: Tobias Meyer Appointed Chair of the Transatlantic Business Initiative
BdB announces that Tobias Meyer will lead the Transatlantic Business Initiative, reinforcing economic ties between Germany and the U.S. Read more (DE). |
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FROM THE INSTITUTIONS
European Systemic Risk Board: Unveiling the impact of STS on-balance-sheet securitisation on EU financial stability
The ESRB finds that synthetic securitisation can support bank lending and financial stability, but also poses risks linked to market concentration. The report informs ongoing EU securitisation reform. Read more
European Central Bank: ECB partners with private sector through digital euro innovation platform
The ECB launched a platform with nearly 70 participants to test digital euro features and explore use cases, such as conditional payments and financial inclusion. Results will inform future ECB work. Read more
European Securities and Markets Authority: ESMA report shows increased data use across EU and first effects of reporting burden reduction efforts
ESMA's fifth report on data quality and usage highlights broader reuse of regulatory data by authorities, early benefits from reduced reporting burdens, and improvements to its Data Platform. Read more
European Commission: Commission mobilises €910 million to boost European defence and close capability gaps The Commission will invest €910 million under the 2024 European Defence Fund to strengthen Europe's defence industry, fund disruptive technologies like stealth materials, and support the first Ukrainian participation in EDF projects. 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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