Friday , 2 January 2026

Recent Posts

ECB raises concern banks could mask losses for 2017

Bloomberg The European Central Bank alerted auditors that lenders could try to take advantage of the transition to new accounting standards to spread the hit on loan losses over years instead of reflecting them in their 2017 financial results, three people familiar with the matter said. The ECB’s Single Supervisory Mechanism, which oversees the region’s largest banks, flagged the risk …

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Deutsche Bank seeking replacement for CEO

Bloomberg Deutsche Bank AG is considering candidates to potentially replace Chief Executive Officer John Cryan amid heightened tensions between him and Supervisory Board Chairman Paul Achleitner, the Times of London reported without saying where it got the information. The bank approached Richard Gnodde, the head of Goldman Sachs Group Inc.’s international operations, but he’s thought to have spurned the overture, …

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Indonesia imposes extra bank capital surcharge

Bloomberg Indonesia ordered the nation’s biggest lenders to set aside additional capital to bolster their ability to absorb losses and protect against any bank failures. The Financial Services Authority, known as OJK, told the country’s systemically important banks to create a tier-1 capital surcharge of between 1 percent and 3.5 percent of risk-weighted assets, depending on the size and perceived …

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