KBC Group
ECB raised Pillar 2 charges for just three CRE-heavy banks in latest SREP
Pfandbriefbank and Luminor saw largest increases across 106 banks subject to 2023 assessment
European banks’ systemic indicators surged in 2022
Higher values for 10 of 14 systemic risk indicators could see capital surcharges increase later this year
ECB ratchets up Pillar 2 charges across top lenders
UniCredit, BNP Paribas, SEB and Swedbank worst-hit in latest SREP round
European banks’ CVA RWAs up €2.2bn in Q3
Banco Sabadell, Intesa Sanpaolo and ING Bank reported largest quarterly increases
European banks’ aggregate LCR dips as outflows rise
Net cash outflows outpaced HQLAs, but liquidity reserves remain plump
Market risk capital relief could cut charges at 13 EU banks
EBA says Covid-style measures could be considered to tackle energy crisis
EU banks add overlays as crises evade modelling
Lenders buttress provisions against unpredictable fallout from Russia's invasion of Ukraine
Op risk data: Record $920m fine for JP metals ploy
Also: counting the cost of Covid cons; Citi audio dynamite. Data by ORX News
EU banks increase systemic footprint
Values used for seven of 12 systemic risk indicators climb year-on-year
UK banks added OTC notionals in 2018 as EU peers cut back
Barclays, HSBC, Lloyds, Standard Chartered increased notionals by almost €15 trillion
Big EU banks’ Level 3 assets up 25% in 2018
Hard-to-value assets rise €35 billion year-on-year
Big EU banks lost €22bn capital on IFRS 9 switch
Italian banks saw the largest capital depletion, losing €9 billion (8.9%) of CET1 capital on the transition
EU banks get different MREL levels and deadlines
Average bail-in requirement is 28% of RWAs
Italian banks hardest hit by IFRS 9 transition
Risk Quantum analysis of 36 banks from 11 European Union countries found that capital declined on average by 34bp between December 31, 2017, and March 31, 2018
KBC Asset Management offers step-up payout and Smart Start
Belgian investors become more comfortable with 90% capital protection
Types of operational risk loss by event, February 2009 to February 2011
Types of operational risk loss by event, February 2009 to February 2011
Rouyere takes over global equity derivatives at Daiwa
Daiwa Capital Markets has named Martial Rouyere global head of equity derivatives in London, replacing Clarke Pitts, who has left the bank.
Daiwa moves for Korea derivatives licence and reaffirms Asia expansion drive
Daiwa Capital Markets finalised its purchase of the Asian equity derivatives and global convertible business of KBC today, and reaffirmed its Asian expansion drive with a bid to secure licences in South Korea
Daiwa buys KBC's Asian equity derivatives and global convertible bonds operations
Daiwa Capital Markets has extended its move into structured products with the acquisition of KBC Group's Asian equity derivatives business
Daiwa snaps up KBC's Asian equity derivatives and global converts business
Acquisition of warrants and ETF businesses is viewed as fast-tracking Daiwa's expansion in equity derivatives in Asia
Different degrees
Solvency II will require a massive upgrade in insurers’ technological capability. But as the deadline for implementation looms ever closer, not all in the industry have made the same level of progress.