Reported about 8 hours ago
European Central Bank (ECB) supervisors are increasingly vigilant about risks affecting the banking sector, including tariffs, cyber attacks, and a potential dollar shortage amid global trade tensions and geopolitical conflicts. ECB chief supervisor Claudia Buch announced plans to assess banks' resilience to these risks, emphasizing the need for banks to prepare contingency plans without enforcing specific exposure cuts. Ongoing monitoring is part of the ECB's annual review process.
Source: YAHOO