📝EBF Morning Brief - Thursday 27 February 2025: Top finance ministers snub G20 as global co-operation comes under strain

EBF MORNING BRIEF Thursday 27 February 2025

FROM THE MEDIA

Financial Times: Top finance ministers snub G20 as global co-operation comes under strain

Finance ministers from major economies are set to skip G20 meetings in South Africa this week, highlighting challenges in global collaboration, reports the Financial Times. Read more.

Bloomberg: Eldridge Credit Arm Lends $200 Million for UK Student Housing

Eldridge's credit division has provided a $200 million loan to finance student housing projects in the UK, writes Bloomberg. Read more.

Risk.net: Large banks safer for CCPs than they get credit for

New research suggests that large banks pose less risk to central counterparties due to substantial pre-positioned liquidity, according to Risk.net. Read more.

EVENTS

Thursday 27 February

Bank of England: Capital Issuance (Jan. 2025) – data release

ECB: Monetary developments in the euro area (Jan. 2025) – data release

Council Code Of Conduct Group (Business Taxation) (Cocg) (Subgroup (Internal Issues)) –meeting

Friday 28 February

ECB: Distributional Wealth Accounts (DWA) (Q3 2024) – data release

Sunday 2 March

IBA ’30th Annual International Private Client Tax Conference: transforming (un)expected challenges into opportunities for the next 30 years’ – conference

European Internet Forum, GSMA Roundtable discussion ‘Connect to Compete: Europe’s competitiveness starts with connectivity’ – roundtable discussion

UPCOMING EBF EVENTS

Exploring Basel III/IV: Scenarios for Financial Stability and Growth - March 5 at 4 PM

The implementation of the Basel III/IV capital reforms has become a political issue while banks are in the final straight. The balance between financial stability and competitiveness has taken over priority at a time when international relationships are being redefined. The US administration is re-evaluating its approach to the reforms, while, the UK has postponed the start of their adoption to 2027. Register to attend here

European Money Week - March 18 at 9 AM

Join us at the EBF Premises for the 11th edition of European Money Week, themed "From Financial Literacy to European Legacy: Building Financially Resilient Generations." This year's event highlights the importance of equipping citizens with the knowledge and skills necessary for a stronger financial future. Read more and register here

FROM EBF

Call for Tender: EU-funded project “Shaping generative AI for a sustainable and fair services economy”

Connect Europe, European Banking Federation and UNI Europa are commencing an EU-funded project “Shaping generative AI for a sustainable and fair services economy”. Read more.

New EBF Vacancy! Work with us!

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

FROM EBF MEMBERS

Finance Denmark: Europe’s Competitiveness Must Be Strengthened While Maintaining Green Transition Goals

Finance Denmark emphasizes the need to boost Europe's competitiveness while staying committed to the green transition. Read more (DA).

UK Finance: Balancing Digital Innovation and Cash Access – Securing the UK Financial System for 2025 and Beyond

UK Finance explores the importance of maintaining access to cash while advancing digital financial services to ensure financial inclusion. Read more.

Czech Banking Association: Czech Real Estate Market Grew by More Than a Third – Property Prices Increased by 10.7%

CBA reports significant growth in the Czech real estate market, with property prices rising by 10.7% over the past year. Read more (CZ).

Icelandic Financial Services Association: Technological Advancements in Payments and a 24% Real Reduction in Fees

SFF highlights recent innovations in payment services and reports a 24% real-term reduction in transaction fees. Read more (IS).

FROM THE INSTITUTIONS

Bank for International Settlements: Abdul Rasheed Ghaffour: Transforming banking and advancing sustainability

A BIS speech highlights the role of the financial sector in supporting sustainable development, emphasizing the need for investment, technology, and collaboration to address funding gaps. 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