PwC: Turbulent Years for Banks

Business › n.a. ♦ Published: November 28, 2013; 15:19 ♦ (Vindobona)

According to a study by PricewaterhouseCoopers (PwC) the core capital of European banks need to be increased significantly.

PwC: Turbulent Years for Banks / Picture: © Vindobona.org

In the course of examinations capital demands of up to € 280bn could be determined by the European supervisory authoritites. This is the result of a report by management consultancy enterprice PwC. According to Miles Kennedy, manager at PwC, the European banks are facing some turbulent years. Both European and national supervisory authorities would put pressure on the banks to boots…

or Log In

Fast News Search
Related News
Germany Claims Key Positions at EU Banking Regulator (November 28, 2013)
ECB Considers Restricting Credits (November 27, 2013)
Eurozone: Nouy New Manager of ECB’s Banking Suvervision (November 21, 2013)
Capital Shortfall at European Banks (November 19, 2013)
Nowotny: Economic Recovery not as Strong as Expected (November 18, 2013)
Read More
Brussels, Eurozone, Banking Industry, ECB European Central Bank, Monetary Policy, PwC
Featured
See latest Vindobona Newsletter