ECB urges banks to clean up before next crisis

Published Wed, Feb 7, 2018 · 09:50 PM

Frankfurt am Main

EUROZONE banks have made progress since the financial crisis, but must do more to put their houses in order during economic good times, European Central Bank (ECB) watchdogs said on Wednesday.

"Certain banks must do more. In particular, they must clean up their balance sheets," chief ECB supervisor Daniele Nouy said.