EBF MORNING BRIEF Wednesday 2 April 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: EU banks are ready to finance defence industry, say UniCredit and Commerzbank UniCredit and Commerzbank reject claims of structural barriers to defence financing, stating they are well-prepared to support the sector, while calling for clearer direction from governments on future defence orders, reports The Banker. Read more
Euronews: How could the European Central Bank react to Trump's trade tariffs?
The ECB faces growing pressure to respond to potential US tariffs, with analysts debating the balance between defending price stability and reacting to external shocks, reports Euronews. Read more
Risk.net: Can Europe’s FRTB refurb bring banks back to club IMA?
Revisions to the Fundamental Review of the Trading Book may encourage more European banks to adopt the internal models approach, but challenges around complexity and regulatory clarity remain, writes Risk.net. Read more
S&P Global Market Intelligence: Close Brothers suffers stock price drop, ratings downgrade as court ruling looms
The UK merchant bank's stocks closed 7.20% lower on March 31, the day before the UK Supreme Court's hearing of the appeal was scheduled to start, reports S&P Global Market Intelligence. Read more |
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MAIN EVENTS Council Working Party on Financial Services and the Banking Union (Banking Union) ECB: Euro area bank interest rate statistics (Feb-2025) – data release Council Horizontal Working Party on Cyber Issues |
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FROM THE EBF
New EBF Vacancies! Work with us!
Visit our Vacancies page to learn more about the opening. Read more
EBF response to European Commission consultation on Taxonomy Disclosures Delegated Act The European Banking Federation (EBF) has submitted its response to the European Commission’s consultation on the Taxonomy Disclosures Delegated Act. While welcoming the initial steps toward simplification, EBF highlights that substantial challenges for banks remain. Read more.
New EBF article! - Savings and Investments Union (SIU): A watershed moment?
In this article, our deputy CEO Sébastien de Brouwer poses a key question: Is Savings and Investments Union (SIU) the watershed moment Europe needs and deserves? Read more.
We celebrated the 11th edition of European Money Week last week
We brought together experts, policymakers, and educators for key discussions on advancing financial education across Europe. This year’s theme "From Financial Literacy to European Legacy: Building Financially Resilient Generations" underscored the vital role of financial literacy in ensuring a stronger financial future for all, particularly in times of economic uncertainty. Read more
EBF Press Release - Savings and Investments Union: The Path to Strengthening Europe’s Financial Future
The EBF welcomes the Communication on the Savings and Investments Union (SIU) by the European Commission on the 19th of March, a key step toward fostering sustainable and inclusive economic growth, competitiveness, and boosting vital financing for defence. By deepening capital markets and improving access to finance, the SIU can help ensure that European citizens, businesses, and households benefit from a stronger, more dynamic financial ecosystem. Read more. |
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FROM EBF MEMBERS Finance Denmark: Finance Denmark Announces New Executive Leadership Finance Denmark introduces its new executive team, marking a leadership transition aimed at strengthening the federation's strategic priorities. Read more (DA).
Czech Banking Association: Winners of the National Round of the European Money Quiz Are Students from Kralupy nad Vltavou
CBA announces that students from Kralupy nad Vltavou will represent the Czech Republic in the international final of the European Money Quiz. Read more (CZ).
Finance Latvia: New Head Appointed for Swedbank Baltics
Finance Latvia reports on the appointment of a new CEO at Swedbank Baltics, underlining the bank’s strategic priorities across the region. Read more (LV). |
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FROM THE INSTITUTIONS European Central Bank: Christine Lagarde – The transformative power of AI Lagarde urges Europe to embrace AI as an economic revolution, warning against repeating past mistakes in digital adoption. She highlights productivity potential, labour market impacts and the need for investment in skills, infrastructure and regulation. Read more
European Securities and Markets Authority: ESMA facilitates access and use of data in its public registers
ESMA has improved its public registers interface to allow easier search and export of regulatory data, enhancing transparency across EU financial markets. Read more
European Insurance and Occupational Pensions Authority: Unlocking the potential of pensions in Europe EIOPA outlines key priorities to strengthen occupational and personal pensions, calling for policy action to boost adequacy, coverage and resilience. 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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