Europe
ECB paper classifies eurozone banks’ business models
Researchers use supervisory data to outline models’ risk and performance
Former Greek central bank governor injured by bomb
Papademos attack follows letter bombs sent to Schaeuble and IMF
Eurozone’s non-bank sector taking more risks – ECB
Insurers and investment funds moving to higher-risk assets
Greek bailout talks end without agreement
IMF fails to agree that commission concessions would make debt sustainable
Belgian paper examines use of illiquid loans as collateral
Liquidity and funding purposes both inform banks’ decisions, researchers say
Tackling the ‘human agency’ problem
Central banks are readying their communication strategies to mitigate a populist backlash against their post-crisis policies
ECB calls for insolvency and banking taxation reform
Europe would benefit from greater M&A activity in banking, European Central Bank says
Eiopa unveils 2017 stress test
UK real interest rates hit hard by Brexit aftermath, regulator says
ECB criticises Slovenian draft law on bank’s crisis actions
Disclosure of information would contravene European law, and the use of experts should be changed, the ECB says
Paper examines effects of concentration of exports
Bank of Spain researchers examine 12 eurozone countries
Croatian governor: western Europe could improve NPL provisioning
Central and eastern European countries are leading the way in dealing with NPLs, says Vujčić
ECB issues guidance on leveraged transactions
Senior management must have a “comprehensive” view of all leveraged loans
French paper looks at impact of budget-neutral fiscal changes
Benefits and costs of budget-neutral changes “not equally distributed across agents”
Banks mull dedicated IFRS 9 capital buffers
Volatility of loan-loss provisioning from new accounting standard demands additional own-funds protection, say banks
Dombret defends SSM as a ‘supervisory framework’
Bundesbank board member acknowledges there are issues, including communication, with the SSM and suggests targeting language barriers to reduce “home bias”
ECB sets out standards for bank board members
New guidelines are an effort to harmonise standards across eurozone states
Europe needs reform, Draghi says
ECB president repeats call for European deposit insurance scheme
Industrial goods inflation may be building, ECB says
Prices of goods produced in eurozone see only “subdued” growth
French regulator lays out plan to capture London euro clearing
AMF calls for equivalence to be scrapped for biggest CCPs and trade repositories
Considerable slack may remain in eurozone labour market – ECB
Under-utilisation of labour may affect 18% of eurozone labour force, researchers say
Growth of shadow banks led by risky investment vehicles – FSB
Shadow banks continue to gain ground, with those offering liquidity and maturity transformation showing some of the fastest growth
Capital deepening ‘virtually absent’ in US and eurozone – ECB
US and eurozone have seen major falls in net investment, an ECB article says
Bank of Italy paper finds no evidence of asset over-valuation
Researchers look at data from eurozone, Japan and US from 1980 to 2017
Mersch warns banks not to turn away from cash
Central bankers witness “frequent lobbying” to abolish cash, ECB board member says