Report of the latest Basel III monitoring exercise....BIS

March 2016                                    Press Release

Basel III Monitoring Report March 2016

This report presents the results of its latest Basel III monitoring exercise. The Committee established a rigorous reporting process to regularly review the implications of the Basel III standards for banks, and it has published the results of previous exercises since 2012. 

Data have been provided for a total of 230 banks, comprising 101 large internationally active banks ("Group 1 banks", defined as internationally active banks that have Tier 1 capital of more than €3 billion) and 129 "Group 2 banks" (ie representative of all other banks).

Ladies and gentlemen, yes, we are at a critical moment, but it is not the first one and we will have many more, as long as people continue to flee to our region. Neither Turkey nor Greece are at the root of this problem..Commissioner Avramopoulos

Brussels, 4 March 2016       SPEECH/16/590                  Press Release

Remarks of Commissioner Avramopoulos at the Press Conference on 4 March 2016 Ahead of the Meeting of EU Heads of State or Government on 7 March 2016

Dear all, Things have been moving quickly in the last few days – both on the ground, but also here.

As more than 10,000 people are stuck at the border between Greece and the Former Yugoslav Republic of Macedonia, and hundreds continue to arrive, it is more than time for quick but also substantial actions. 

That is why we have presented an emergency humanitarian assistance instrument on Wednesday to support those Member States that are particularly affected by the refugee crisis. 

Στήριξη σε υπό διερεύνηση υπόθεση, προς τη Διοίκηση της Τραπέζης και προς Ανώτατα Στελέχη ... από την ALPHA BANK

                                                      Δελτίο  Τύπου

Ανακοίνωση [4.3.2016]

Συμφώνως προς την κείμενη νομοθεσία και τον Κανονισμό του Χρηματιστηρίου Αθηνών, η Alpha Τράπεζα Α.Ε. ανακοινώνει τα εξής:

Το Διοικητικό Συμβούλιο της Alpha Τραπέζης A.E., κατόπιν ενημερώσεως ότι ασκήθηκε ποινική δίωξη κατ’ Ανωτάτων (εν ενεργεία και αποχωρησάντων) Στελεχών της Τραπέζης, συμπεριλαμβανομένων τεσσάρων (εν ενεργεία) Εκτελεστικών Μελών του Διοικητικού της Συμβουλίου...

We are determined to do as much as we can to reduce or eliminate the threat that trouble at one big bank will bring down other big banks...Federal Reserve Board Chair Janet L. Yellen.

                                                    Press Release Date: March 4, 2016

For immediate release

The Federal Reserve Board on Friday proposed a rule to address the risk associated with excessive credit exposures of large banking organizations to a single counterparty. As demonstrated during the financial crisis, large credit exposures, particularly between financial institutions, can spread financial distress and undermine financial stability.

The proposal would apply single-counterparty credit limits to bank holding companies with total consolidated assets of $50 billion or more. The proposed limits are tailored to increase in stringency as the systemic footprint of a firm increases:

Διάψευση δημοσιεύσεων ... από την Attica Bank

                                                      Δελτίο Τύπου

ΑΝΑΚΟΙΝΩΣΗ 04/03/2016

Η Attica Bank ανακοινώνει ότι, όσα αναφέρονται σε συγκεκριμένο ιστότοπο και αναπαράγονται για δήθεν παράνομες σχέσεις στελεχών της με τους συλληφθέντες για εκβίαση δημοσιογράφους είναι παντελώς ανυπόστατα.

Ειδικότερα η συνεργασία της Τράπεζας με τον προσωρινά κρατούμενο δημοσιογράφο Παναγιώτη Μουσσά περιοριζόταν αυστηρά σε όσα είχαν συμφωνηθεί στη διετή έγγραφη σύμβαση συνεργασίας που είχε αυτός υπογράψει με τον προηγούμενο (έως 20.02.2015) Διευθύνοντα Σύμβουλο της Τράπεζας κ. Γκίκα Μάναλη και οι αποδοχές του ήταν όσες και μόνο είχαν συμφωνηθεί στην έγγραφη αυτή σύμβαση.

The recovery in the euro area is proceeding at a sedate pace, it is mainly supported by our monetary policy measures and by the low price of energy...Benoît Cœuré ECB

                                           A budgetary capacity for the euro area

Introductory remarks by Benoît Cœuré, Member of the Executive Board of the ECB,
at a public hearing at the European Parliament, Brussels, 2 March 2016

Madam Chair, Mr Chair, Honourable Members of the European Parliament, Ladies and gentlemen,

I am grateful to the two rapporteurs and to the two committee chairs for holding this hearing today to advance the public debate on a fiscal capacity for the euro area. We are all well aware that political attention is largely focused elsewhere, but we should not lose sight of the objective of completing Economic and Monetary Union (EMU), securing its capacity to absorb economic shocks and creating confidence today in its future economic performance.

 As I have said elsewhere, if downside risks to the recovery were to materialise, this would not make it easier to respond to the refugee crisis or to counter terrorism. [1]