Some euro banks fall short of ECB mark on liquidity: Lautenschlaeger
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[FRANKFURT] Some large euro zone banks are falling short of the European Central Bank's expectations when it comes to managing their liquidity, one of the ECB's top supervisors said on Wednesday, promising closer scrutiny of the issue.
"Some banks are failing to meet our expectations in terms of the management of liquidity risk," Sabine Lautenschlaeger, who represents the ECB's supervisory arm on the bank's Executive Board, said.
"We will therefore be paying particular attention to banks'internal liquidity management," she added.
Ms Lautenschlaeger was illustrating the ECB's priorities for the year as the supervisor of the euro zone's 129 top banks.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
