Risk Quantum/European Central Bank (ECB)
Model review adds €13bn to ING’s RWAs
Trim effects projected to raise CET1 requirement by at least €600m
EU banks failing on op risk and governance – ECB
Central bank raises concerns on board management, risk controls and data aggregation
ECB risk ratings find banks wanting
Fewer banks scored highly in SREP assessment than in 2017 and 2018
EU Pillar 2 charges hold steady in 2020
Capital add-ons range between 0.75% and 3.5% of RWAs in size
Own-country risk makes up 42% of EU bank sovereign exposures
Polish, Estonian and Romanian banks most exposed to home governments
EU banks eye savings following Pillar 2 update
ECB estimates CET1 relief of 90 basis points
Now less of a systemic risk, Deutsche wins capital relief
Prospective leverage ratio should fall to 3.75% after risk-cutting efforts
ECB favours higher countercyclical buffers
Releasable buffers only make up fraction of required capital
EU funds buy €89bn of overseas debt in Q3
Net purchases year-to-date almost three times total transactions in 2018
Eurozone banks' excess liquidity highly concentrated – ECB
German and French banks hoarding cash
Trading non-cleared derivatives tougher in Q3 – ECB
Twelve percent of respondents said trading conditions worsened for interest rate products
Trim review pumps up Commerzbank’s credit RWAs
Additional RWA increases also expected in coming quarters