EBF MORNING BRIEF Wednesday 5 February 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
Reuters: BNP Paribas' investment bank shines in boost for shares
According to Reuters, BNP Paribas reports a 15.7% rise in fourth-quarter net profit, driven by a 20% increase in investment banking revenue. Read more Financial Times: Standard Chartered appoints new chair as bank navigates US-China tensions Maria Ramos is appointed as the new chair of Standard Chartered, succeeding José Viñals, as the bank navigates geopolitical challenges, says the FT. Read more
Euronews: BNP Paribas surges on earnings beat, UBS slumps after disappointment BNP Paribas shares rose after reporting a 15.7% increase in fourth-quarter net income to €2.32 billion, while UBS shares declined following a less favorable earnings report, writes Euronews. Read more |
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MAIN EVENTS EIB: Meeting No. 579 of the Board of Directors Deutsche Bundesbank: 6th Cash Symposium 2025 conference (In German) PIIE ‘The euro area in 2025’- Webinar European Securities and Markets Authority ‘Shaping the future of EU capital markets’ conference WTO Informal Committee on Trade in Financial Services meeting |
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FROM EBF
Slawomir Krupa Has Been Elected Our New EBF President
The European Banking Federation (EBF) has announced the election of Mr. Slawomir Krupa as its new President. Mr. Krupa, CEO of Société Générale, will officially assume the role on 1 March 2025. He succeeds Christian Sewing, CEO at Deutsche Bank, who will conclude his two-year term at the end of February. Read more
New EBF Position Paper! Simplification of the EU Sustainable Finance Framework Omnibus Legislative Proposal Proposal The omnibus simplification initiative of the EC is an opportunity to refocus on the core elements that are needed to achieve the EU environmental objectives. It is a logical step in the context of the EC’s policies and initiatives outlined in the recently published competitiveness compass. Europe’s global competitiveness and climate goals can and should go hand in hand. Read more
EBF Vacancy! Work with us! Deadline: 14 February
Visit our Vacancies page to learn more about the EBF Events Trainee opening. Read more |
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FROM EBF MEMBERS Slovak Banking Association: EU Exit Discussions Are Extremely Dangerous The Slovak Banking Association warns that leaving the EU would cause economic decline.Read more (SK)
Finance Finland: New Website Showcasing Careers in Finance
Finance Finland launches a site providing insights into financial sector careers and education. Read more (FI)
French Banking Federation: François de Laportalière Elected President of Regional Banking Committee
François de Laportalière is the new head of the FBF’s regional banking committee for Bourgogne-Franche-Comté. Read more (FR) |
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FROM THE INSTITUTIONS
European Central Bank: Interest rate statistics for January 2025
The ECB reports that the euro area composite cost of borrowing for households and non-financial corporations remained stable in January 2025, while deposit rates saw slight adjustments. Read more
European Banking Authority: Consultation on regulatory standards to combat financial crime
The EBA has launched a consultation on new regulatory technical standards for central counterparties (CCPs) to enhance anti-money laundering and counter-terrorist financing measures. Read more
Bank for International Settlements: Speech on central banks and financial stability In a recent speech, the BIS emphasized the evolving role of central banks in ensuring financial stability, highlighting the need for proactive risk management and regulatory adaptation. 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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