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    • European Bank Resolution Fund

European Bank Resolution Fund Newsletter
  • Nordea Bank Abp (NRDBY) Q1 2024 Earnings Call Transcript 18 Apr 2024 18:56 GMT

    … the best performing universal banks in Europe. Some highlights for the … . So first, on the resolution fund fees and the regulatory fees … get is the Swedish risk tax, which is about €8 … Ilkka Ottoila Clarify on the bank tax, so €18 million in Q1 …

  • Judges retarget bank-rescue fund, ruling 2022 subscription unlawful 10 Apr 2024 10:36 GMT

    The EU’s €78bn Single Resolution Fund is meant to … avoid a repeat of 2008-style taxpayer banking … favour of French bank Dexia, saying EU agency the Single … alternative arrangements without endangering EU financial stability – given …

  • MNI EUROPEAN OPEN: NZD Outperforms Post RBNZ, Fitch Downgrades China Outlook 10 Apr 2024 10:07 GMT

    … /Bloomberg EUROPE EU (MNI BRIEF): The European Union may eventually … backstop for the Single Resolution Fund, if Italy continues to … that most major central banks are “cautious” about … dovish rhetoric. The central bank reiterated that restrictive policy …

  • MEPs agree on toolset against bank failures to protect taxpayers and deposits 21 Mar 2024 15:54 GMT

    … after the 6-9 June European elections. Under the new rules … by banks to compensate depositors as well as the single resolution fund (SRF … to be protected in the EU – as a minimum to an … are not borne by the taxpayers but by the industry itself …

  • Société Générale Société anonyme (SCGLF) Q1 2024 Earnings Call Transcript 03 May 2024 14:25 GMT

    … of our holding in Europe. Regarding financing and advisory … other businesses in Central Europe. So just really to … cost in French Retail excluding resolution fund, excluding IFRIC and excluding … again, if I exclude bank taxes and restructuring costs, I see …

  • Societe Generale Profit Beats Estimates as Equities Help Lift Results 03 May 2024 06:52 GMT

    … while an index of European banks has surged more than … industry.  At the bank’s French retail banking unit, wrong- … , which also includes private banking and insurance activities, declined … to the region’s Single Resolution Fund. Provisions for souring loans …

  • Cypriot banks on track of reaching their MREL targets 04 Mar 2024 11:23 GMT

    … Credit Suisse. Although the EU banks have raised the absorption capacity … 78 billion in a Single Resolution Fund, Laboureix said the situation is … that a bank should be bailed out with taxpayer money, is … , as well as the European Banking Union’s third pillar, …

  • Cyprus banks on track to meet MREL goals, according to SRB chief 04 Mar 2024 09:25 GMT

    … when compared to other European banks, extending until 2024 and … SRB has the Single Resolution Fund with €78 billion, … 2008 financial crisis when taxpayers rescued banks, has ended, … strengthening the existing EU framework for bank crisis management …

  • Erste Group Bank AG (EBKDY) Q4 2023 Earnings Call Transcript 01 Mar 2024 06:22 GMT

    … broadly untouched in this EU region, despite the muted … in Central and Eastern Europe. In Austria, wage inflation … are the newly charged banking taxes in Slovakia and Romania. … bank levies, what is embedded in your guidance, especially with the resolution fund

  • Single Resolution Board agency chief says bank crisis fund has reached full capacity 15 Feb 2024 12:24 GMT

    … Tuesday that the contentious EU bank crisis fund has … the Single Resolution Fund is to prevent taxpayer-funded bailouts … Me Direct Bank are part of the Single Resolution Fund. Also … well as the European Central Bank, the European Commission and industry. …

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