Hints and tips:
...There is however an element of what the SSM does called Pillar II guidance....
...Longer term we expect them to have to adapt their business models as changes in consumer trends accelerate. 2:30pm BST - Nice wee thread here from Twitter’s Johannes Borgen: SSM published its decision...
...During an extensive health check of the region’s most important banks in 2014, an exercise known in the watchdog’s lexicon as the Comprehensive Assessment, the SSM turned outside for help....
...The competition will not just determine who will preside over the European Central Bank’s banking watchdog and the health of the eurozone’s largest lenders, it will also weigh upon a string of EU appointments...
...But the most recent stress tests conducted by the EBA, published last week, largely gave a bill of health to the bigger Italian banks....
...In the ECB’s latest stress test of Greek lenders’ financial health carried out in the first quarter, Piraeus emerged as the weakest of the four systemic banks, with a core equity tier one ratio of 5.89 per...
...In an effort to tackle one of the most serious problems affecting the eurozone’s economic health, the ECB’s supervisory wing, the single supervisory mechanism, drafted proposals in October to make it more...
...Supporters of the tougher provisioning rules say Italy is again sticking its head in the sand and is delaying the return of the European banking system to something close to full health....
...Its highest profile activity has been its stress tests — detailed health checks of the EU banking system — conceived as a key means by which to revive lacklustre investor confidence in European banks following...
...However, further measures to ensure the fate of banks was less closely linked to the health of their home economies were still needed....
...Broader health coverage, by reducing reliance on employer-supplied plans and hence cutting the catastrophic cost of job losses, probably helped build support for globalisation at the margin....
...The deputy health minister, Pavlos Polakis, used his Facebook page to urge Mr Stournaras to resign....
...Two years on, the eurozone might be creeping back to health — but doubt still surrounds whether the new Frankfurt-based body, the Single Supervisory Mechanism, has done enough to tackle persistent failings...
...“The biggest test [facing the SSM] is clearly Italy,” said Nicolas Véron, a senior fellow at Bruegel, a think-tank in Brussels....
...The Nevada legislature has passed a law letting everyone who wants it gain access to the state’s Medicaid health insurance programme for the poor — the contentious “public option” in healthcare provision...
...While SSM Health was manipulating behaviour to good ends, what about those that use pre-suasion techniques for bad ones?...
...It had been organised by Greece’s health ministry and Mindwork was part of a consortium that won the tender....
...“I don’t think the markets are disagreeing with the SSM [Single Supervisory Mechanism] assessment [of the health of Italian banks], but there has been a significant amount of confusion,” Mr Draghi said....
...A reluctance to pursue distressed borrowers is one reason why Piraeus is judged to be the most precarious among Greece’s four top lenders, according to the European Central Bank’s latest health check of...
...It is hoped that its health check – known in central bank parlance as the Comprehensive Assessment – will boost the bloc’s recovery by forcing the banks to put their houses in order....
...However, Ms Nouy was adamant the SSM “will not be shy” about grabbing power from them if necessary....
...As one of the regulators who presided over the setting up of the Basel II accord on bank capital, which stressed risk-weighted assets as the best measure of a lender’s health, Ms Nouy also admits her thinking...
...At the end of it all, says Mr Constâncio, the ECB will be able to come up with a new scoring system for banks’ financial health, modelled on the US “Camels” system which gauges the strength of capital, asset...
...Second, the combined resources of all the EU countries outside the eurozone will not be sufficient to restore the euro area financial system to health....
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