Shares in Spanish lenders rose by as much as 6% on Thursday on hopes the European Central Bank may force Madrid to modify a 3 billion euro tax on bank profits. But the ECB has limited scope to intervene, writes aimeedonnellan
The ECB has limited scope to intervene. Its mandate as regulator is to ensure the European banking system is stable, rather than dabble in local matters. That means lenders would have to successfully argue that their capital buffers are under threat by a mere 3 billion euro levy that will be spread out across the sector. Up until now, lenders like Santander have been at pains to convince investors that they have ample capital to withstand a downturn.
” in credit quality. Meanwhile, interest rates are rising, which means fatter lending margins. Such a bullish outlook makes it tough for big banks to seek out a European saviour.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
TIPS vs. The Stock Market: Comparing Historic Returns In Times Of High InflationTIPS, or Treasury Inflation-Protected Securities, offer investors a way to invest in fixed-income securities without the risk of losing out to inflation. But are they a superior investment to stocks? Here’s how TIPS compare to stocks over the long term.
続きを読む »
Bitcoin slips lower, and South Korea issues arrest warrant for Terra's Do Kwon: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Michael Anderson of Framework Ventures shares how venture capital firms are preparing to invest in projects after The Merge.
続きを読む »
ECB's Lane: Rates to continue to rise over next several meetingsEuropean Central Bank (ECB) Chief Economist Philip Lane said on Wednesday that the current transition will require the ECB to continue to raise intere
続きを読む »
ECB's Villeroy: Could reach neutral rate by end of 2022European Central Bank (ECB) policymaker Francois Villeroy de Galhau said Wednesday that he estimates the euro area neutral rate at below or close to 2
続きを読む »
ECB's Herodotou: No forgone conclusion on final level of interest rateThe European Central Bank's (ECB) latest decision to hike the key rates does not mean there has been a forgone conclusion on the final level of intere
続きを読む »