European Banking Leaders Call on Europe to Simplify Regulation
11 Articles
11 Articles
Ana Botin, leader of Santander, Nicolas Namias, BPCE, owner of the New Bank, and nine other leaders of European banking urge European leaders not to demand higher capital requirements from banks so that they can finance Europe at the speed it needs in terms of productivity, technology and economic growth.
The CEOs of eleven leading European banks call for deregulation in a letter. In order to make more loans possible, the capital requirements should be adjusted.
Large EU entities call for a regulatory framework that boosts growth in a context marked by rising risks.
In a letter addressed to the President of the European Council, António Costa, the President of the European Commission, Ursula von der Leyen, the President of the European Parliament, Roberta Metsola, and the President of the European Central Bank, Christine Lagarde, bankers say that Europe is simultaneously facing a period of low growth, geopolitical instability, energy challenges and the need to strengthen defence and compete with the United …
The heads of eleven of Europe’s largest banks have called on European Union decision-makers in a joint letter to relax strict capital requirements for financial institutions and simplify the regulatory environment. According to the bank leaders, an immediate increase in lending capacity, currently hampered by excessive regulatory risk aversion, is essential to avoid the continent’s economic lag and to finance strategic investments. Ádám Farkas, …
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The executive president of Santander, Ana Botín, has sent together with ten other directors of the largest banks of Europe a letter to the main authorities of the European Union, calling for urgent measures to simplify banking rules at Community level. The Spanish directive signs the letter with the leaders of, among other banks, the French Crédit Agricole, Société Générale and BNP Paribas, the British HSBC, Barclays and Standard Chartered or th…
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