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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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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. …