EBF MORNING BRIEF Wednesday 6 November 2024 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. Recommend the EBF newsletters to a colleague. Click here to sign up! |
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FROM THE MEDIA Bloomberg: European banks’ commercial real estate exposures ‘visibly deteriorating,’ ECB finds Banks in the euro region have about €1.3 trillion in outstanding loans to commercial real estate investors and credit quality is “visibly deteriorating,” European Central Bank (ECB) researchers found in a study of the links between CRE and the financial system reported by Bloomberg. Read more The Banker: All eyes are on the US election, but bankers still worry about Europe The world is on tenterhooks as it waits to see the outcome of one of the most bitterly fought and consequential US elections in recent history. According to The Banker, if former president Donald Trump returns to the White House, it will have far-reaching consequences for global trade, climate and geopolitics, not just the national economy. Read more Reuters: Private cash, spurred by public funds, should drive EU investment, ministers say Europe’s investment needs for the green and digital transition, along with defence and research, should use public funds primarily to attract and boost private investment, EU finance ministers told Reuters. Read more |
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FROM EBF MEMBERS BdB: Economic Education: The Minor Among Minor Subjects How important economic education - and as part of it financial education - is for responsible, i.e. self-determined and socially responsible economic and political participation in society is currently being intensively discussed in Germany, the Association of German Banks (BdB) reports. Read more (DE) Finance Latvia: Insufficient income and expensive properties deter residents from buying a home According to the data of a recent Luminor banka survey, more than half of Latvian residents would consider buying a new home in the next three years if their income were higher, and almost a third (27%) - if real estate prices were more affordable and lower. Read more (LV) ABBL: A new vision for training: explore the House of Training’s 2025 offer On 24 October the House of Training unveiled a refreshed strategy and a revamped training programme for 2025 to address the evolving challenges of the labour market, the Luxembourg Bankers' Association (ABBL) reports. Read more |
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FROM THE INSTITUTIONS ECB: Mapping the maze: a system-wide analysis of commercial real estate exposures and risks This European Central Bank (ECB) article analyses the complex linkages between commercial real estate (CRE) markets and the financial system. Read more BIS: Joachim Nagel: A stable euro in a strong Europe The Bank for International Settlements (BIS) has shared the text of the Karl Otto Pöhl Lecture by Joachim Nagel, President of the Deutsche Bundesbank, to the Frankfurt Society for Trade, Industry and Science, Frankfurt am Main on 30 October 2024. Read more SRB: Bi-annual reporting note to Eurogroup The Single Resolution Board (SRB) has shared the SRB Bi-annual reporting note to Eurogroup, November 2024. Read more |
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FROM THE EBF New EBF Vacancies! Work with us! Visit our Vacancies page to learn more about the opening positions at the EBF. 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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