✉news BusinessBanking first seen 4 h ago, last 46 min ago, peak #6
ECB official says bank supervisors cannot pursue zero-risk mindset
Original: Reg Wrap: ECB top says bank supervisors ‘cannot operate with a zero-risk mindset’
A senior European Central Bank official says banking supervisors "cannot operate with a zero-risk mindset", arguing that eliminating all risk from the financial system is neither possible nor desirable. The comments come as European regulators weigh how to balance prudential oversight with the need for banks to lend and support economic growth, sparking debate among bankers and policymakers.
Why now: Senior ECB comments on supervisory philosophy touch an ongoing debate over regulation, bank lending and economic growth in Europe.
European Central BankEuropean banking supervisors
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