Browsing: banking

EU prepares for end of LIBOR financial benchmark

Markets (BRUSSELS) – The European Parliament and EU Council reached provisional agreement Tuesday on key amendments to EU rules on financial benchmarks, in preparation for the end of LIBOR on…

EU states ease rules for dealing with bad loans

<p><em>(BRUSSELS)</em> – EU Member States agreed a softer position Wednesday on capital requirements applying to banks with non-performing loans (NPLs) on their balance sheets, in preparation for talks with the…