French banks have once again passed the stress tests conducted by the European Banking Authority (EBA).
Marie-Anne Barbat-Layani was asked to publish her viewpoint in the newspaper "Les Echos" on Monday 18 July. She mentioned competition between French banks but also their position in international competition. She also highlighted their perpetual adaptability and innovation.
The Executive Committee of the French Banking Federation (FBF) has appointed Philippe Brassac, Chief Executive Officer of Crédit Agricole SA, as Chairman of the FBF for a period of one year beginning on 1 September 2016, in accordance with the by-laws of the professional association. He will take over from Frédéric Oudéa, Chief Executive Officer of Société Générale.
The conclusions reached today by the EU’s Economics and Finance Ministers regarding the Basel committee’s current work send out a clear signal and are a major step towards protecting the financing of the European economy.
How useful CIBs are? This is the question that we asked five major economic players in France and abroad: ShowroomPrivé, Engie, Axéréal, Airbus and the Ile-de-France Region
Since 2008, the banking industry has experienced an unprecedented surge in regulation to ensure its stability. Now the priority is to reconcile stronger prudential requirements with financing the economy successfully. With this in mind, the French Banking Federation sets out its six priorities and shares its recommendations.
Memos-Banque-01-EN.pdf [813 ko]
FBF welcomes the Capital Markets Union (CMU) initiative and the new priority to growth and employment. A proper financing of the economy is key to achieve these objectives. As a reminder, financing the economy, especially SME's is the number one strategic priority of French banks.
FBF_plaquette_UMC_15072015_EN.pdf [1371 ko]