Hints and tips:
...CEBS will initially offer loans of between £500 and £1m to the 300,000 small and medium-sized businesses that sell on its UK marketplace, through a partnership with online lender YouLend....
...“Email is a symptom, not the root cause,” says Mark Tonsetic, managing director for IT at CEB, the business advisory company. “The root cause is information overload.”...
...“It might seem counter-intuitive but it’s the quality, not quantity of candidates that is important,” says Ken Lahti, vice-president at CEB, an advisory company....
...It is growing, but would have to grow very quickly to make up that difference,” cautions Shvetank Shah, executive director at CEB, the business advisory group....
...Paul Dennis, an adviser at the Corporate Executive Board (CEB), a member-based body, says the question of skills becomes even more acute as finance teams start to use more powerful tools to draw on a wider...
...The CEBS made few concessions to big banks in the final guidelines in response to industry lobbying, experts said....
...But as for the Belgian banks — here’s what they say: According to data released with the July CEBS stress tests, Dexia, KBC and ING all hold similar amounts of European sovereign debt, but the regional...
...CEBS is no more. Its successor body, the European Banking Authority, has more teeth and is ready to use them, its chairman Andrea Enria has promised....
...On Thursday, CEBS said there would be a new round of tests next year, but it declined to comment on methodology or timing....
...Five of the seven banks that failed the CEBS stress test were cajas, with a combined capital shortfall of €1.8bn....
...CEBS, the EU umbrella body that administered the test (now renamed the European Banking Authority), stress-tested only that portion of banks’ sovereign debt investments that was held in a mark-to-market...
...“The CEBS stress test result is of limited value to us, as expected by the market,” said JPMorgan. Others agreed....
...countries whose banks aren’t included in the stress test exercise are: BulgariaCzech RepublicEstoniaLatviaLithuaniaRomaniaSlovakia Presumably they don’t count as “major cross-border banking groups” under CEBS...
...Citing a confidential CEBS draft template (known as the “template for disclosure of sovereign exposures”), Bloomberg says that European regulators have asked the banks to publish a list of each lender’s...
...CEBS – a tiny umbrella body for all of the EU’s national regulators – oversaw an exercise to model the strength of 91 of the key European banks....
...DPB would probably also need some recapitalisation itself – recall that in the CEBS stress tests, DPB was definitely one of the weaker banks....
...“You can’t regulate one half of the equation,” says one senior European regulator not involved in the CEBS meeting. “If you limit bonuses, banks will just hike bankers’ basic salaries again....
...Related links: Shorting (and scheduling) the stress tests – FT Alphaville Spain’s big chance – FT Alphaville CEBS reveals stress test details (at last) – FT Alphaville...
...Is the CEBS listening?...
...Since the CEBS bank stress tests Spanish yields are down more than 20 basis points, to 4.14 per cent on Tuesday....
...Other members of the CEBS have followed the FSA’s example and more are expected to do so during 2010....
...CEBS’ initiative is likely to set the tone for broader international regulation....
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