ECB urges banks to clean up before next crisis
Add BT as a preferred sourceFrankfurt 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.
TRENDING NOW
Ex-Sakae director Ong Siew Kwee handed 10.5-year jail term for misappropriating S$15.8 million, lying in court
DBS sees choppy Q3 for STI as investors pivot from Singapore banks to listcos that’re unlocking value
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart
High Court rejects bid to bring ST Engineering unit into trademark infringement suit over RSAF aircraft parts
