French banks add €1.4 billion to Single Resolution Fund
The three largest French banks sharply increased their contributions to the Single Resolution Fund (SRF) in the first quarter of the year, far outstripping additions made by their European peers.
BNP Paribas, Credit Agricole and Societe Generale’s contributions to the SRF jumped by 25% on average compared to a year ago, totalling almost €1.4 billion ($1.65 billion).
Credit Agricole posted the largest increase, adding €359 million, compared with €274 million a year ago – a 31% jump. The
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk Quantum
7 days in 60 seconds
Capital buffers, contingent hedges and USD Libor
The week on Risk.net, November 28–December 4
Receive this by email