Today, MEP Brian Hayes, Irish Christian-Democrat and influential Vice-President of the Economic and Monetary Affairs Committee (ECON) announced on Twitter that after the end of this Parliamentary term he will become CEO of the Banking and Payments Federation Ireland (BPFI): https://twitter.com/brianhayesMEP/status/1059750115173376000 MEP Sven Giegold, financial and economic policy spokesperson of the Greens/EFA group and […]
EU bank stress test: German banks have too little equity capital
The European Banking Authority (EBA) has just published the results of this year’s bank stress test. A total of 25 of the 48 banks are losing so much equity that they are unable to pay any more dividends. Of the 8 German banks tested, 6 are below this critical threshold. Landesbank Baden-Württemberg has crossed this […]